This stock was hovering in the low doubles, then this Chapter 11 was announced and it tanked, I chalk the price up to bottom feeder, trader fear of exactly what you are saying. fear of cancellation.
Not many venture capitalists and investors are looking at triple zero stocks imo, they will wait till it's over .01 + and even then higher than that.
At first glance this still looks like crap, mainly just because they haven't filed SEC reports for period ending November 2015.
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