The company needed to raise something like $20 Million in order to keep their leases.
Now, it seems that they are never able to raise the cash and might lose all their assets.
And so the stock will go Sub-pennies as they lose all assets.
The managements have done Nothing so far, Except spending the shareholders' money.
Be very careful with this Pump and dump: the past didn't mean anything as it was just a pump and dump.