Bankruptcy Protection Stock Becomes?

[StregaChess]

Can anyone explain what this means?

HiEnergy Technologies, Inc


Is the stock going to disappear and just be worthless or will I still own shares if the company rises from the ashes?
Yes I knew it was a lottery ticket and a high risk investment. My brother-in-law is the LT. Commander of the bomb squad of one the largest city in the US (I think if I say I’m in trouble?) and had a good feeling about their products. So for better or worse I dropped a few pennies on this.

This phrase in the press release means?
“The Company intends to announce any notice of delisting, upon which it will evaluate the trading of its common stock in the pink sheets.”
Toilet paper?
Thanks in advance, even if it makes me feel stupid...