Sysorex Inc (SYSX)

[dozendogs]

The ratio is set at 1000:1, and the reverse split is expected to take effect once FINRA approves it. However, FINRA is understaffed and swamped with work, which could lead to a delay in the reverse split being effective, potentially taking up to a year or more.

Despite this, I am not overly concerned about the reverse split. Every day that passes brings us closer to the reverse split and also indicates that there is one day less for the insiders to effect the catalyst they are counting on. It is my belief that they are hoping to effect the catalyst before the reverse split takes place, and time is running out for them.

I am not a financial advisor, these are simply my thoughts on the matter.