Pixar Bio Corp. (PXRB)

[PRmaniac]

Sucker investor now with almost-worthless shares?
Item 1.01 Entry into a Material Definitive Agreement
On January 23, 2017, PixarBio Corporation, a Delaware corporation (the “Company”), held an initial closing with an accredited investor, pursuant to which the Company sold an aggregate of 133,334 newly issued shares of the Company’s common stock, $0.01 par value per share (the “Common Stock”) at a purchase price of $2.25 per share (the “Private Placement”). Included with each share is a seven year warrant to purchase one share of Common Stock at $4.50.

Didn't they know it was suspended and will trade on the grey market, and they may never be able to sell their shares?

There will be no bid or ask, there will be no MM's making a market, and all trades have to be matched.