The withdrawal of the S1 proved that. The whole point of it was to pump the stock with the false hope that "someone" was going to provide the investment cash to allow Schadel to pay off his debts and uplist. Well, that ship has sailed and it never came close to port.
The company has a NEGATIVE EQUITY valuation of $3 million. The CEO owes $4.4 million in convertible notes that are all due by the end of November. It's worthless and investors with any real pull know this. Hence, no bid and a 52 week low of .000001 just weeks ago.
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