Looks like they are busy tuning up those printing presses.
It's odd that it takes 30 days for this to trade again after a reverse, my NASDAQ stocks can reverse after hours and trade again the very next day.
So, to answer the question, "what's going on here'? They are allowing all those who have after split shares to sell as many as they can. They are taking the maximum time to unlock all the pre-split shares as they have each of the other 3 times they've reversed this stock. They are printing shares. They are coming up with some new story. They are buying paper.
This company sells shares. That's all. I only read about the last 10 posts here so if there's already a new story, I missed it but I am sure it's very creative. They now have billions and billions more to serve up to the gullible penny market.
All in my opinion, of course.
This message will self-destruct in,,,,,,,,,,,,,,,............., it's still there, huh?