Why do you think the share price didn't recover?

Because smart people realize that when there are big shots that control over 50% of the company that they can RAMROD anything through and screw the minority holders.

So, you don't invest in this type of stock. That's why the stock never recovered. Too big a risk. No investors. No stock demand. No stock recovery.

They went public so they could cash out and when the stock didn't go to the moon, they now take their company back.

Screw the shareholders! Says the bigshots.