It's officially dead I guess. They'll issue more shares for the "acquisition" and now that they're no longer a filer, it will be a long time until shareholders find out what they've done.
Probably headed to $.0001, then a reverse split.
“No one in this world, so far as I know — and I have searched the records for years, and employed agents to help me — has ever lost money by underestimating the intelligence of the great masses of the plain people"
H.L. Mencken