Market does not like R/S, especially pennies. The penny stock holders have and are jumping ship. And the shorts are probably shorting it too. It should bottom soon, and rally rather violently if I am right about shorts, maybe at about $1.20 if it did already bottom Friday.
A reverse split that takes a stock like BCON, that is still loosing money, and still needs to raise capital, is an easy target for shorts after the R/S it the R/S price is well above $1/share.
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