I don't think it's a scare tactic. It was a legitimate answer to a question brought up by a shareholder regarding listing requirements for NASDAQ and what the board would do to maintain those requirement/s. The board is aware of the current price but at the moment remain unconcerned about delisting.
Should it get to the point where they are concerned, a RS was one such example of a "lever" they could pull to maintain listing requirements.
If that shareholder did not ask the question, there would have been no mention of anything related to RS in today's meeting.
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