they'll be delisted to pinksheet non reporting then gray sheets
they will be a (delinquent) reporting company trading on the grey sheets. pink sheets non reporting is an otcm designation and has nothing to do with the sec. otcmarkets is not a regulatory agency.
IMO, the 8K's recently filed seem to be CYA docs to avoid fraud.
I'm surprised Matt would want to put his name with this... but based on what I've seen with VIVK though, all recent activity seems to have his fingerprints on it.
But why would so many shares be "bought" with now, no or very little secondary market?
QSIM had to know this action was coming as they must have told the SEC they didn't receive the compliance letter...