Not true, SPL* spoke of a reverse split and even filed it with the SEC and then CANCELLED IT because the stock price improved. Just saying, reverse split has zero impact on market cap and I believe this is a very undervalued market cap.
Anyone that has been in a RS IMO will be out tomorrow . The one that said we will know before it happens is in for a rude awakening . Watch and learn. Yes ! You are right on point.