Zhang "bought" the company--LMAO...how much did he pay for his 19B+ shares which have a current valuation of about 75 million bucks at today's price...
what he'll most likely receive is whatever he can sell his control block for to whomever he gets to merge in here...
disgruntled---nah, I've traded this stock a bunch of times---you were around I gather when it went to 40 cents a couple times---if you didn't make money then, either you were asleep or one of the earliest investors stuck at a higher entry...
and the last officers (good or bad) were trying to make a go of it---had financing lined up--when Fire Marshall Ed blindsided them with bankruptcy---how'd that work out for him LOL
I do hope traders make money here---but I also believe Chapter 7 shells discharged in bankruptcy should have their tickers deleted as always was the case in the past---to prevent fraud like, for instance, somebody swoopsing in and getting themselves appointed custodian in another state when the shell is under control of a US Trustee where domiciled--and subsequently issuing themselves a bazillion shares...
GL :-)