Vitalibis Inc (VCBD)

[trader59]

After the bankruptcy closed due to them not being able to put forward a plan to continue operations and pay their debt, I figured they were done. Of course, they'll never say that, they'll just slither off.

That 8K I posted the link to said they were increasing the A/S to 2B shares, but they haven't even taken the time to file that with the state SOS. Very likely they have no money whatsoever to make product since they struggled to even find a DIP lender for the bankruptcy proceedings and lost a lawyer because they weren't paying them.

I'd say you'll never hear from the company again and the stock will sit on the grey sheets with no volume until FINRA kills it off as inactive or the SEC revokes the registration.

All that remains is their creditors looking at the assets to see if it's worth forcing liquidation to get some of their money back. Likely the assets aren't worth a lawyer to even file the new bankruptcy.