If it were going to happen, I think that risk would have already actualized, and staying private doesn't monetize the assets; selling out to larger public player still won't give them the return that ringing the bell themselves on the NYSE will. I think it's clear they're gonna use TGLO or they would have cut their losses on it and flipped it.
Also don't see reverse split needed, sends amateurish desperate message.
And again – one word: Egan, they're not gonna fail him. How many would-be suitors for TGLO did he turn away?
Never-the-less, this too is my opinion, do your own due-diligence.
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