Yes and that 1 for 2 reverse split also cut in half the preferred shares which were due to be converted by X management. It took over 2m shares out of their hands which would have been up for sale. Now that is all cleaned up with the current insider buying When this moves it will move fast.
Disclaimer: My posts are IMO, I am not a Professional analyst Do your own DD before investing/trading . My opinion is subject to change quickly depending on market conditions or other considerations!