It's obvious you are lacking in the knowledge of stock investing. They have 1.9 billion shares outstanding which to you means not much but to any investor who knows how a stock price goes up or down it means a lot and 1.9 billion shares is an outrageously HIGH amount of shares for a little bitty penny stock. The price WILL never move up or down especially with the small amount of trading volume this is getting.
Now if you had institutional investors come in and buy in 100,000 blocks it might move but....institutional investors won't buy stocks under $5.00 a share or some will limit it to $4.00
Also to get on the NASDAQ or AMEX you have to have a share price of $3.00 for 30 days straight I believe to list on there.
Soooooooooooooooooooo that is where the reverse split comes in. But they still have to get the share price up to around .10 cents a share then to do a 1 for 40 or 1 for 50. Or if they might do a 1 for 30 to get it to $3.00
And yes as i told you before the CEO told me they would do it when the time was right.
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