SIBE is a Synergy Merger Custodian ticket that was denied Synergy custodianship a Texas judge on March 31st. While Ben (Synergy's CEO) initially said they would explore other avenues for acquisition, they recently put their entire Texas project on hold (they had a few other tickers in with Texas incorporation they were seeking control of) while attorneys reassess.
Just a little more context on why $SIBE is an "exceptionally cheap" Synergy play.