It doesn't take a rocket scientist to figure that out. All (OK, 99.99%) pinkies live by the law of the reverse split. My guess is they do at least a 1 for 2000 or there's no point in it. Makes the share price a buck, a nice round figure. And leaves plenty of room and a little more time until they dilute it back down to .0001-.0005 again for the next rinse and repeat cycle. But hopefully maybe a few good trading days along the way for us peons.
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.