That is why there was a reverse. Too many shares out, too many day traders taking advantage, too deep a hole to raise the stock price. And 80 percent agreed with the need for a reverse. IR never ever said once the chill was lifted, all would be well. We realized the dreadful impact of the DTCC post-reverse chill.
Regarding the chills, there were two chills which you are confusing. I'm discussing here the impact of the eight-week chill directly following the reverse.
Paul Knopick pknopick@eandecommunications.com 949.707.5365
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