Quepasa.com, (PASA) a Web content provider targeting Hispanics, was halted with the stock at 13 cents as it announced plans to liquidate its business, sell its assets and distribute the proceeds to shareholders.

The company said it expects to have a shareholders meeting to address the liquidation in three to four months. Last month, the company cut about two-thirds of its workforce, and said it was exploring strategic alternatives, including the sale of the company.