Should have used ‘worthless’ v. ‘Cancel’. Either way, SCAMydx delisting = shareholder restored value = $0.
When you buy a stock, you own it until you either sell it or, in some cases, the company redeems it from you. If a stock gets delisted, you don't have to hand over your ownership rights. However, those rights often become worthless.
In many cases, delisting occurs due to corporate bankruptcy, which typically wipes out original shareholders in favor of newly issued stock. Even if you hold on to your delisted shares, you often won't receive any shares in the company when it emerges from bankruptcy.
And the % ownership of say 12 Million shares is falling daily. As toxic lenders convert debt to shares, shareholders het bamboozeled. And SCAMydx has been a dillution machine in 2020. Although, not capable to hit it’s annual dilution rate of greater than 100% in 2020, because they started with about 6 Billion outstanding in 2020, only 4 Billion left to dilute...as of Nov’19. Most of that 4 Billion has already been issued in 2020.
SCAMydx=Scam. Yazbeck=Con. Gullibles=Shareholders
