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Biotech_Tradez

02/07/24 10:24 PM

#33184 RE: Craig305 #33181

Pink sheets until they file form 25 and issue a press release.

It is commonly known as "going dark." It doesn't require shareholder votes and they simply delist and deregister. It takes 90 days from the filing of the Form 15 to completely deregister. We'll know if they are going dark if they file form 25 and issue a press release.

Given the CEO's track record of lying to shareholders we honestly don't know the intent. For all we know he is trying to tank the stock so that he can give himself more shares at 0.001 per share or at par value.

What we know is that they are insolvent, $0 cash and over $1 million in A/P and accrued.