PSPF is a shell, and management said as much as they were going out of business. Bank of America will likely do what it takes to keep this afloat on the grey sheets until such time as they find a business to merge into the shell, if they haven't already. Your post also discusses shell stocks, and the venue change which has already occured for PSPF.
Plus 379 shell companies Suspended and sent to the Grey Sheets so that the shells could not be hijacked by fraudsters to set up a scam stock. As of April 3rd, 2013 the SEC has revoked over a dozen registrations from this group.
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