Could be a share tender offer, i wonder what we will get if it happens.. or it could be a total share cancellation and complete liquidation of the company
Most scam penny stocks screw shareholders in the name of reorganization/bk. Hope that is not a case here. Few years back I got a letter for a penny stock for voting on rs. I am not sure whether we have a voting right here, imho. We won't know until we get it.