When the price target of 3.50 was set, it is based off a outstanding share count of approx 256,000,000 shares... if reverse split happens at 5:1, share count would be down to around 50,000,000 therefore it would mean target is 5 times that (approx $17). You've posted similar comments before showing you dont really grasp the idea
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.