Shell Stocks; Reverse Mergers; Acquisitions; Zombies; Greys; & All "Other" Plays

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No, but it's not uncommon for a privately traded company to come in and take control of a failing company such as this in order to become publicly tradable. As soon a the bankruptcy is finalized the entity is no longer liable for outstanding debt and all that remains is a shell that, if hijacked at the right time, can allow a private company to trade publicly.

(hint to any private company owners who might like to take advantage of this situation.)

Also is it this ticker that is going to have its shares canceled, because there is a twin ticker that had this news. Im not sure if it includes this ticker as well.