if they do a 1:1000 revetrse split, then they can get a bid. The stock price will tank around 90% within the first week of the reverse split, though.
Anyone that bought WEHI this year will see their investements' value drop by anywhere from 90%-99% more in the coming months.
CEO Pagnano has been ruining shareholders' equity for years, all while dumping dilutive shares for cash and not paying WEHI obligations including prize money owed.
Now they have numerous lein judgments hanging over the company because they don't pay what they owe and are in default.
It would be nice if the Federal Trade Commission would put a stop to Pagnano's activities. The Florida Attorney General's ofiice specifically stated and Pagnano promised he would not advertise any events without first having all prize money in escrow.
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