Monday, January 03, 2022 9:37:15 AM
They also did a 1 for 100 RS 3 years earlier.
The OS at the time of the split dropped to 177M. It is now 330M, so they have been diluting substantially. Shareholder value has dropped nearly 50% due to dilution alone.
Today's share price of $.08 is not related to the reverse split in any substantial way - it is related to the company performing better in 2021. Before that, the SP was declining after the RS...not exactly what I'd call a 'very successful' RS.
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