I think you need to think about. the 1.5 times is obviously the factor between .08 and .20 But the factor between .20 and .08 is .4 (1 - .6).
I really dont see it.
RIGHT NOW it is at 60% below what it was trading at. a stock can never go down 100% unless it drops off the board. If you had 1000 dollars post reverse in this stock, you would have 400 dollars left!! if the stock was trading at -.1, you would have a stock price decrease of 1.5 (150%)
maybe you english is just wrong, thats what im hoping.