I recall many years ago when playing speculative tech stocks that the shelved shares remain in tact, so the reverse split benefit to financing seems like the obvious solution should the RD deal fail to impress.
If one is locked into cor for the long haul it would only seem prudent to buy in after a financing is announced post split. There should be no way a pipe would be offered at these levels. A 10 for 1 seems most likely, IMPO, should Cor not find a way to piggy back some positive pr.
Scstocks, thanks for your response and mention of your game plan. Good luck to you as well. Getting ready for a bear market rally? I recently moved 1 of my business properties to the tune of a nice profit and am sitting on a decent chunk of change. Not really sure where to go with it though. I was considering either to dump it into SPY for the short term or to just leave it on the sidelines. Any thoughts?