Rumors abound that Hayter is in this to give liquidity to the shares Galo and Ingala his relatives/friends are holding. If that is the case he will not reverse split because they would also suffer the consequences.
Not sure how current it is but ibox above shows just over 400million shares outstanding. That is not too bad for a pink as many have billions of shares outstanding. If he pumps up the news there is plenty room for dilution without reverse split.
Trade wisely, be careful, the wolves are all about pinkyland. LOL
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.