Yankee2 -> It may or may not be. The story is over if Jeff holds the shell and does not get it current before SEC deadline, then it crumbles. He may also ruin the capability of the shell by flooding share structure.
If he sells it, gets an investor, gets it current, or actually does something with it, then there is a possibility of the story going going on. And this is why I continue to watch the court case.
As powerbattles pointed out, the possibilities are open. But keep in mind what the probabilities are though.