Your quote; "Anyone have an opinion on the choice to increase authorized instead of reverse split shares?"
Some here have been saying that it's better to bite the bullet NOW and do a total restructuring of the business which would include; 1) a REVERSE STOCK SPLIT (to bring the shares under 30M OS), 2) new management including NEW CEO with real independent board members, 3) new financing with private high net worth Accredited "individuals" instead of the "family" (vulture) funds, with a commitment to stay away from "floor less" type Convertible Notes! Why wait to destroy the what's left of shareholders' equity when they eventually issue BILLIONS of shares instead of dealing with it NOW and still have a chance to restructure the company properly? If you believe in their products and the potential of those products/brands then they should do the restructuring NOW instead driving this, literally, to the ground...what a shame! - SMH
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