Yup.
...and, you might received buyout offers for your shares and all kinds of stuff. You still own the shares and can still sell the shares, they are just not traded on any exchange, so more time-consuming, costly, paperwork, and so on.
For example, you could see COMM come out with a PR, tomorrow, offering you $0.10 PPS for your shares. You will not, of course, but I am just giving you a silly example.
AJ