Cloudward Inc. (CDWD)

[invest2win]

10Q out today.

http://biz.yahoo.com/e/080425/trph.pk10qsb.html

"The Plan of Reorganzation provides that it will become effective upon the consummation of our merger with Etelos under the terms of the Merger Agreement. Under the Plan of Reorganization, certain administrative expenses will be paid in cash, and our creditors will be entitled to receive shares of common stock issued by the surviving corporation in connection with the merger. Under the terms of the Merger Agreement, each outstanding share of our common stock, and any outstanding option or warrant to purchase our common stock will be cancelled and of no further force or effect. The Plan of Reorganization does not provide for the payment of any value to holders of our outstanding common stock."

But why wouldn't trading be halted then until a new symbol is issued. I'm still confused.