I believe that you're right. I see a reverse split in the near future. I also find it comical that Scott, and Bill already have a couple of other companies that they own in the shadows waiting for their otc introduction, and pump pounce. It's not rocket science any more. Just look at their track record. This is their MO, has been for years. It's obsurd at best. I compare it to my starting a house painting business, and making a living from it, but never painting a house.
Instead, I'll just charge 25.00 to give an estimate, give tons of overbid estimates, thus never actually getting a painting job, but I make money.
These guys know how to push paperwork, and that's about it.