If Gene "came clean" and laid all the cards on the table longs would freak and absolutely no one would buy RCCH shares even for a crummy hundred dollars.
I suspect that we are moving into a period where longs who would like to sell shares will find it very difficult to find a buyer who was willing to pay .0001. Are they stuck now?? Quite possible.
It looks like a Reverse Split maybe one of the few options they have left over the next 90 days. Then give it 3 weeks, and you should see the .0001's fall by another 90% and I would not be surprised if it ended back up at .0001 again with far fewer shares....JMO.
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