Colombia Energy Resources, Inc. (CERX)

[MerthyrQ]

Perhaps some investors would see the "lawyer present" data and sufficient to make a highly speculative purchase. Perhaps that is why the stock is at an unsustainable higher value. If the a lawyer is present and a merger occurs then perhaps, in a very long shot, the shell becomes very much alive. Some bottom feeders thrive on this environment.

The officers and directors may be long gone, but they still own the stock. And, what does "long gone" mean. Those big shareholders still have the voting power to establish a Board of Directors, and in turn, officers.