Yes, I read it. Same tactics used before the 2007 (1:100), 2008 (1:200), and 2009 (1:300) reverse splits.
Massive dilution of the share pool and failed revenue projections/buyback announcements often accompanied those tactics.
Expect a flurry of PR's to help them dump billions and billions more shares. Also, beware of so-called restricted shares. Pags tried that in the past, also. Many know how that turned-out. Some had terrible experiences trying to convert them, all while the share price kept moving to no bid.
Wasn't no bid partu of the reason the recent Pr's were issued? Can't dump shares nless someone will promote and deceive newbies on sites like this, IMO.
