That part of today's Letter to Shareholders seems ambiguous to me.
"I want to reiterate our desire to uplift to NASDAQ as soon as possible. Which means the Company currently has no plans to reverse the stock because it believes in its future prospects unless it would be in concert with an application to uplift to NASDAQ."
He seems to be saying that so long as we remain on the OTCQB, no reverse split is contemplated because he believes in the company's future prospects. In other words, he believes the company will do well and the pps will rise, making a reverse split unnecessary. However he is also saying that he wants to up-list to the Nasdaq soon, and a reverse split might be contemplated as part of the application process for up-listing. So he seems to be saying no reverse split, and a possible reverse split. That's ambiguous and should be clarified in my opinion.
Otherwise his letter expresses his optimism, and importantly he mentions "meeting & exceeding our business goals and objectives, which includes generating revenue." And he anticipates "sharing some of this information in the very near future which will publicly validate our efforts as well as build investor confidence."
