How do you lose? Reg A is at quad 5. Reverse is planned at 1000:1, so at $0.0002 that’s 20 cents & you are buying at a nickel post split.
Plus, why are they doing this? The first filing was for $5 mm, so that’s what they will raise post reverse. The biz plan says they already own a profitable insurance company and are buying short line railroads.
This is a sleeper. I’m in. Throw rocks if you want but there is something here.