Rough day!
The potential R/S is going to be an overhang. While I don't love bashing, I agree with everyone who has made the point that saying there will be no increasing the A/S above a billion doesn't really help if there's a 1:1000 RS. It should be a given that in that case A/S wouldn't increase.
My hope is that NIck would do a R/S for the sole purpose of getting us to a price that allows an uplist.
We may eventually need to do so to free up shares to give to some partners in a project, but hopefully that kind of stuff happens when the price is much higher than it is now.
Overall, Nick has done a solid job of not diluting these last 2 years. He has looked out for shareholders and I have to assume that will continue, so I'm not too worried. We do need to keep closing above a penny to uplist to the OTCQB I believe, so we'll see if we can stay there.. I think NIck is looking bigger anyway.