It was a crime!! A CSR at Nasdaq I talked to today claimed they posted the news of the delisting and the stock coming off halt on their website, I still have not seen it, It was only fair to tell the people what was going to happen, before it got released from the halt,how they reacted was up to people, but this was done in the dark without anyone knowing, which is why its was a crime.
actually -- they saved the longs. People were going to keep buying this worthless company due to a scam operation. They were trying to protect investors from losing even more money. And be very happy they only took it down to 2.25 at the open because they could have dropped it all the way under 1.00 if they wanted.