I thought that I had read that other than here, or was quoted. Perhaps not, still cannot imagine a quick r/s at these levels, would not accomplish their goal which obviously was to uplist on the Nasdaq. .50 cents seems to me very doable in the short term, unless revenue numbers are completely different than what we believe they are. At .50 they could easily do a 1/10 r/s and accomplish what they set out to do last year, and for the most part not alienate shareholders.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.