I don't know, but I'd say its prospects aren't great. First, there's the lawsuit. Seems the company lied about products it didn't have, trying to take advantage of the COVID crisis. But it's a settled action: management realized it wouldn't play well.
Both Arena and Bradley agreed to penny stock bars lasting several years, so they'll have to find some new hires, or just give up on PRLX. They also have to pay fines:
Without admitting or denying the SEC's allegations, Parallax, Arena, and Bradley consented to judgments permanently enjoining them from future violations of the charged provisions and requiring them to pay penalties of $100,000, $45,000, and $40,000, respectively. Arena also agreed to be prohibited for five years from acting as a public company officer or director and from participating in an offering of penny stock. Bradley, who assisted Arena in drafting two of the misleading press releases, agreed to be prohibited for three years from participating in an offering of penny stock. The settlements are subject to court approval.
In addition, the company is a delinquent SEC filer, and that has to be dealt with, unless the plan is just to give up.
