Where is this split you are referring to? Looks like the increase in AS was to cover the reserve necessary for the death spiral notes. A business man would know that every death spiral note requires 5 times the shares at the lowest bid price over the past 20 days trading. Looks like the company ran out of headroom. That's probably why they increased the AS.
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.