At present we don't know anything about what the company is doing. If it is somehow still producing (as was suggested anecdotally) it must be using inventory. If there is a present hint of bankruptcy or lawsuit, then prior to it, the company may still sell its assets (i.e. inventory, desks, chairs and so on) to pay salaries and other expenses prior to any court ordered means to prevent that. Absent an injunction they are free to sell off everything and distribute it as salaries, back pay, bills, etc.. Even if there is an injunction issued, what's left will have far less value than your estimates (which are made with numbers that are way out of date and probably meaningless). If it is a bankruptcy, the trustee will be (court) ordered to auction off the remaining "stuff" and that goes for fire sale prices (pennies on the dollar or less) which will not even pay the Trustee's fee. (I have seen that happen 3 times - unfortunately).
If this company cannot go forward on a restructuring w/sales, not only will shares be of no value but there will be no underlying value sufficient to even stuff a few bills in a wallet to walk off with!
