The PPS shows a lot of lack of interest, but people need to remember, this private company did not buy out GACFQ. They bought the physical assetts after an investment company bought the whole thing, and the investment company still should own the shell. It was an assett, too. Victory Park Capital.
They have a side venture, Victory Park Acquisitions, which buys companies that may benefit from going public. IMO it's up to Victory to cancel the shares, and why would they? They own a clean shell. It could cost up to high 6 figures to buy a shell. I've seen it happen before (SWVC) they bought a shell for about $500 K if I remember right, and dumped a private company into it. Initially it was very lucrative: .002 to .08, but then they diluted the crap out of it. Different story, different kind of chief.
It was a speculation play and could be again.
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