i do not think that will last. management seems uninterested in the stock price and listing, obviously. so they will delist it seems. do they go right to pink sheets? or will they completely close trading and skate with the remaining cash?
i think they will accept the delist and for a short time will trade ob. how much time would they need to drain the remaining cash before declaring BK? how is this legal?
i am a bit surprised they have not been sued by the PIPE investor.