The previous Perverse Split was in June of this year
Perverse Split. LOL
Tref and crew are billing it as neccessary to combat manipulators, counterfeiters and the dreaded naked shorts... which is also given as the reason that they cannot file and reveal "sensitive" info like the share structure.
That's just a bunch of creative crazy talk to convince the big losers (the shareholders) that they were not screwed, like Frankie's "beneficial reverse split"! That stock is a freaking albatross.
IBAFT:The original team was chased away from completing their goals with threats of prosecution, as they engaged in unlawful acts for the purposes of exposing the naked short.