Ann: Trading Halt, page-35

Its an educated guess. In short, you have a company that tried to sell itself out to someone else, but the deal fell through. Absent that deal, they are now scrambling to find money to pay loans. Assuming they can fund the loan, they will also need additional funds for future operational costs. However, the markets is turned off by the abject lack of business progress, so raising funds will be very difficult. Overall, the market sees this as a very high risk play now, so I expect the SP to keep plummeting just like it did prior to suspension...

Its honestly not rocket science.