Company stated, "The Company has agreed to enter into a settlement with the SEC, which will result in the deregistering of the Company’s shares." That means they are asking to be revoked.
They also state, "The Company intends to now file a form 10 to reregister its common shares with the SEC and to locate a market maker to sponsor the Company in a 211 filing to reinstate trading of the Company’s shares."
Now, if they are going to reregister its "common" shares, that would need a new CUSIP since the old CUSIP had been revoked.
So tell me... what is it that you do not understand?
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