That’s why I’ve been saying they need to do a R/S if they want to get anything done. The company doesn’t look attractive at the current SP.
They reverse this thing in order to shrink the O/S and bring the SP back up, then get some more of that sweet toxic debt going and drop this back down to .0001 again with pumps and dumps along the way.
Once they run out of money, this will be their only option. Unless they somehow got financing in their current situation, which I really doubt.
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