CNABQ was a higher risk play from the get-go with their bankruptcy case being dismissed on 1/13/21 and the lack of non-current filings, which is why I said the following when I picked it at $.01 in February:
CNABQ did go on to have an excellent run in February before all the excitement in the cannabis sector died down, moving from $.01 to $.10 for a gain of 1000%
Based on the performance of the stock in the past, the ticker symbol itself would appear to have a tremendous amount of value moving forward, so it would make sense for them to file and get current
Then again, because of the excellent performance of the stock in the prior manias of 2014, 2016, 2018 and again in early 2021, it didn’t make any sense for them to let it get to this point, not when your stock is trading in a sector with periodic manias and the Senate is controlled by Democrats with several cannabis legalization bills in the hopper
So let’s see how they respond and we can take it from there