If any shareholders want to salvage any of their investment in ETEK, a reverse split will be necessary in order to raise the funds to satisfy the fees and regulations required by the OTC to regain Pink Current status. This is how companies fund themselves until such time as they can generate income from business dealings. Otherwise, you can kiss your investment goodbye.
Once, a majority of shareholders come to the realization of this fact, and allow the R/S, the company can go forward.
I am recommending an R/S, as I have considered the options. I hope most shareholders come to agreement on this issue.
Bullish