What happened is the SEC revoked the stock. Whatever BS they come out with to spin that in some fashion is purely to keep their "loyal shareholders" at bay. If there really is some semblance of a business, actual shareholders would have a cause for action against the company for mismanagement of their fiduciary responsibility to their shareholders.
But as long as they can get them to buy some other BS line of crap...they lessen the chances of that happening.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.