Why would Freedom Motors want to go public?
That would mean... <gasp> having to report results to the SEC, and have accountants, and all that awful stuff.
I'm sure that they're having a lot more fun with being a private company, where you can just make up your results, arbitrarily decide what your share price is, and there aren't any bad people from the SEC spoiling everything.
Now that Moller International has been revoked/delisted, it can now be a zombie corporation, and remain undead forever!