The reason the did a 20:1 reverse split in my opinion is they wanted to be comfortably above $5 which is minimum price lot of buy-side shops need to add shares.
This is me just thinking out loud but curios what others think; announcing a 20 :1 stock split may have been designed to get maximum sell by retailers so Denner can buy hand over fist. One question for this group; in the very unlikely event that they get the stock price to 1 before April 11 through buying at these prices, could they cancel the reverse splits.
In any case this was always going to be a long term play. I feel fundamentals are improving and expect we will break even in 2026. Just my opinion.
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