Yes I agree with you, this stock is toast and the reverse split is coming any day now. They just need to finish dumping the last of the shares as they have been doing already today before they announce this. I also agree with you that the SEC should just step in now and go ahead and halt the stock before anyone else can get burned from this stock selling scam.
Never buy or sell based on anything I post - MY POSTS ARE ALWAYS JUST MY OPINION, regardless whether I include that in my post or not. I am not a financial advisor and anything I post should be considered only my opinion at that time.