I understand the Delaware state law very well and when UOIP has been Revoked and the shareholders stock is $0 in their account - the private company which is controlled by the insiders - they can vote to amend the articles of Incorporation and terminate the common shares and the retail investors will be wiped out.
There isn't a "special" Delaware state law where the shareholders can't vote to amend the articles of Incorporation - that is hilarious that anyone would believe this nonsense.
Investors should have a fundamental understanding of securities law before investing in a stock that has been suspended - and understand the consequences of a revocation.
IG
"Are you gonna pull those pistols or whistle Dixie?"