Yes, I would imagine that a delisting would typically be a death blow to many projects... but I guess it's also a reminder of a couple of things: A lot of projects get started "in the heat of the moment" and people create business or operating plans around a paradigm of up markets while ignoring completely what might happen in a protracted down market.

Of course — much like the dot-com crash back in 2001-02 — there are also lots of projects that basically had no business existing in the first place. Not necessarily because they were bad ideas, but because they were ideas that could only hope to survive during good times.

Frankly, I think all this "weeding out" is a positive, on a greater scale... it creates a marketplace in which the participants are actually viable, rather than just fueled by hope and idealism.