these are good questions. the basic idea of a RM with a bankrupt co with current liabilities, this is not a blank check shell here.
i wonder if the whole idea was to generate a one day wonder -- for some old debt holder (who got shares of the soon-to-be-cancelled shares in exchange for wiping the debt) -- to sell into?
including 5,010,000 shares approved for issue under our Plan of Reorganization. The shares issued under our Plan of Reorganization will be freely trading securities.
All future tense...to be coming - likely new shares of the new ticker.