maybe it means the symbol CBAY will expire on that day and the new symbol will emerge---you have to consider that the ceo purchased 37M shares representing 90% of 41m of o/s
I don't think it's possible to just cancel 10% of the o/s without bankruptcy---there has to be common shareholder rights
___________________________________________________ "The only thing necessary for the triumph of evil is for good [people] to do nothing." --Edmund Burke