Yes, sorry, this is bad news for the anyone hoping to get their money out of BRWC. You will likely see a reverse split, then a reverse merger with a company that is supposed to have great promise, but then gets suspended and goes quiet until it appears for another round of receivership/reverse split/reverse merger. Often they'll also be some arrests, indictments, debarment, etc. to add to the fun. It's also amusing to search google earth for the firm addresses -- typically a tour of Pack & Ship stores with mail boxes.
There are lots of examples you can find -- the most recent is HGRL, which was FXWK (the CEO of FXWK got indicted for Fraud and HGRL was suspended a while back). But also check out INOH (long history dating back to MEXP, where some folks served some time for fraud). WGEE is another one with a shady cast of characters and a checkered past, but there are so many more where you can have fun tracking the trail of slime. Odd how the same old names pop up...sorta makes you go "hmmm."
