EXIT PLAN = >
“Going dark,” can be accomplished without a shareholder vote, fairness opinion or any shareholder cash out. While some companies electing to delist and “go dark” have considered the possibility of providing shareholders with a liquidity event, such as a tender offer or stock repurchase program, in practice this is not often done because companies which “go dark” rarely have sufficient cash resources to make a meaningful tender offer.
ZERO REVENUE = NO CASH TO MAKE A MEANINGFUL TENDER OFFER TO SHAREHOLDERS
SEC SUSPENSION DELISTING
The writing is on the wall. JUNK doesn't Float.
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