It's possible, but not probable. If we are locked out of trading it will only be so that MELY's toxic lenders have free reign to sell their shares, and since they acquired those shares at the lowest rate possible, they won't care how low the PPS goes, they will keep dumping into the bid, just like we all saw them do over and over again on our way to 7 billion O/S.
MELY PR's 'good news' (can anyone say forward looking) the rubes and the newb's start to buy, but you can't sell and the diluters sell into the PR's even to the lowest bidders. Then when you can sell, the PPS is already back in hell.
I hope it doesn't go down that way as I am a shareholder, but that is the way it usually goes down in the PINKS.