I am far from an expert but in this case we have a unique situation.
Stocks that fall dramatically often reverse split but usually have a bid/ask at the time. When you have a no bid stock at .0001 and reverse spit presumably you would have some kind of a bid/ask which would allow for a mass exodus by people who could not sell before. In no way does this increase the ability of the company to move forward.
I suspect something is up as I was contacted by two different people I do not know in the last week about this stock. Hope something is in the works but most likely they are trying to get a plan to avoid bankruptcy and might have to file. Who knows. It sucks not at least having the financials though.
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