3 companies I recently followed for 18 months didn't do a R/S but all 3 ended up being suspended.
A share selling scheme doesn't have to do a reverse split - the reason for a reverse split is to change business models and get in new investors and wipe out the old investors.
HJOE hasn't filed any financial in formation in almost a year and the TA is gagged - so we don't have a clue as to how large the O/S has ballooned to at this point.
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