It's going to be a long painful death for holders of this mess.
Did you honestly expect anything less?
I expected burnside to examine the self dealing built into the stock, which guarantees loses for everyone but the owner of VMC and reject the listing.
Since that didn't happen, people are going to learn the expensive way.
Sometimes I wish I was the only gatekeeper. It's better though that I am not, I was wrong on so many different things back in the GLBSE days that I when I setup btct.co I knew I needed to get other people involved somehow. I really hope they're right on this one.