Well, yes and no. Mostly yes.
There was a 10,000 for 1 reverse stock split. So for every 10k shares you once had, you now have 1. The stock is still trading with the "d" delisted designation, but it will only continue to go down as everyone who does any due diligence knows the CEO here is worthless and is not a shareholder friendly business man. It is possible that because of the reverse split and the stock now at .25 or .35 cents it may be more appealing to penny stock investors who dont know Jerry and his antics. Some boiler room types may push this thing as something is poised to go to 5.00 or some BS like that. It will not happen. It clearly appears that any income derived from the products he sells is not making it to the shareholder matrix. Jerry lives a very high lifestyle and it is more likely any sales of products go to pay for the manufacturing and what's left goes right into his pocket. In essence a quasi fake company. Penny stocks do not have to follow the higher standards of traditional quality stocks, so if left alone, he will continue to get away with his shenanigans.
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