I believe they are thinking about it, if not talking about it.
They left a reverse split wide open for use after the April 1st 2013 conference call. Listen to it.
While they said at the time there were no plans in the foreseeable future, Briskie also said "you can never say never."
The CFO also said a reverse split can be done without hurting shareholders, even though the company did a reverse split in 2011 that did hurt them.
Then on the call Briskie talked about an example of a good reverse split with a number of key factors that would be necessary at the time before the company would do one. He called it a "perfect storm," which included a listing on a "major exchange."
So while they had no plans at the time, management, just by discussing it, left a reverse split on the table.
Maybe that is one reason Rochon left the BOD to start his own company and then began selling his shares in YGYI. Rochon is not a proponent of a reverse split. He claims he would never do a reverse spit with the company he now runs, CVSL.
But who knows for sure.
One thing i do know is that last April, Briskie said, "never say never" and then talked in depth about how it could be done successfully.
So I do believe in my opinion, if the stock continues to do nothing, they may have to so on the advice of potential "new money."
