A reverse split will not happen with APTY. The company has publicaly said this many times. I have spoke. With the CEO several times and she has confirmed it several times. You seem to be the only one anywhere that is talking about a reverse stock split. This company is an actual company that has real products and services, but they are in the very early stages of development and marketing. It is not uncommon for companies in this stage to raise capital by selling shares through several means. Including common shares, preferred shares, convertible debt, etc.
Please stop spreading false information about this company. Many things are happening with this company and the traders and investors are bound to move the needle on this one. The next two quarterly reports are bound to paint a very different picture for this company.
Just my opinion of course. Make your own decisions, but please base them on fact.