I saw on Stocktwits someone saying they spoke to Mazurek in person before the reported ownership change to Wilson Anaekwe. Story he got was FINRA for some reason were not willing to or able to verify Mazurek as the owner to allow the ticker name change from MSMY to whatever it was supposed to become. This person was told the plan was to do whatever it takes to fix that. So last we heard from Mazurek was news of the move and the reply in a question on Twitter that they would focus on ticker change after the move. Then came the news of ownership change to Anaekwe from a regulatory site and utter silence from both Mazurek and Anaekwe, whoever he is. I have tried to contact mazurek through his email and Twitter to no avail.
Quite simple, Mazurek was denied by FINRA for name/symbol changes for various past history issues (reporting history/hijacked pubco) thus would be unable to change stock structure ie reverse split THUS called it a day.
Went back private and handed the pos pubco to a non profit group thus not liable for it any longer. MSMY Financials delinquent and skull n crossbones inevitable? (delisted)