True, they cancelled that particular r/s, which was likely announced as a tree shaking ploy anyhow. A means to instigate a sell off so they could secure cheaper shares for their friends and associates.

That doesn't mean there won't be one in the future. With no institutional support, and only penny flippers holding and folding their shares, it's entirely possible they'll feel it neccesary to bring the price up to Nasdaq levels through whatever means necessary.