First of all he was 2 plus years in delinquent filings. As you can see there are 14 recent filings. During the " layoff " disclosure rules had changed, that is imo what has taken so long.
What exchange wants to be bothered with a listing for a company that has lemonade stand earnings for years running?
This is OTC not an exchange, they couldn't care less what a co makes or doesn't make as long as they pay their fees....and as far as I know the Major exchanges don't either as long as a minimum sp is kept up.
As far as trying to rationalize the interest, or share price keep in mind the pps is a trip 0....basically worthless BUT it can run and has in the past. Doesn't take much believe me, it happens all the time to pinks...