I think they weren't able to secure sufficient funds to continue with their business plans. They seem to be trying to salvage what they can out of the business in the form of someone buying them out for 50 cents per share.
But, with lack of news on this matter and the fact that they have nothing more than some ethanol plant plans, I doubt they will be able to get 50 cents per share.
Just my opinions.
"You don't want to sell me death sticks, you want to go home and rethink your life." Obi-Wan Kenobi
"You don't want to sell me death sticks, you want to go home and rethink your life." Obi-Wan Kenobi
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