.0001 X 200 = .02 .02/2 = .01
As far as why delist, I can only think of 2 reasons off the top of my head. One would be to take it private, and the other would be related to trying to clean up their filing status with the sec. As I understand it, if they have a gap in their books that can't be audited because the records don't exist, they can't get out of being delinquent by just updating their current books. They have to either go back several years and get them audited or just delist and start over. If you read their initial statement when the company was formed you'll see that they already did a form 15 in 2000. It's a good way to cover up past activities....
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