Re "extinguished shares" - you aren't giving enough detail about your scenario to prove that those shares were revoked and that revocation is what "extinguished" them.
Shares may be "extinguished" in perfectly above-board situations, such as after they are bought back by the company in a transaction that puts money -- the value of those shares -- back into the pockets of the original share holders. The company may choose to destroy (or extinguish) those shares rather than put them back on the market. That would reduce the O/S and probably make remaining share holders happy.
My shares are still listed in my account profile. They have not gone to zero.
It is rare for a revoked stock to return to trading, but a few have. Examples of revoked stocks that don't return to trading don't prove that no stocks can ever return, because, again, a few stocks have.
WCVC only got revoked for not filing its financials. It was not revoked for fraud or other misdoings. Although Nixon seems to be lowering the profile of West Coast Ventures Group Corp (he only keeps a "foreign branch" alive in Colorado), Nixon Restaurant Group is a wholly-owned subsidiary of West Cost Ventures Group Corp, and it is active, and has open restaurants. None of Nixon's companies have filed for bankruptcy.
The existence of real money-making business activity means there is capital behind the stock. If Nixon chooses to do so, he can return to trading and let the market assign a value to those shares.
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