Shares halted!

[RiverRider]

Back in may, I bought some shares from Magistral Biotech (MBS from TSX Venture Exchange). Since that, these shares kept falling and now they are "halted" at 0.06$. The reason seem to be that Magistral Biotech cant pay their debts anymore and that they will be acquired by another company. I would like to know what that exactly means (will lose thoses shares? are they still worth 0.06$?). I provided a link to the news release that explain it all.

http://www.stockwatch.com/swnet/news...;news_region=C

Any information would be greatly appreciated!