But the company said a new trial would be issued, and we provided details. But selling was the better option for some.
This led to a RS.
No it didn't. The cause of the reverse split was dilution. Billions of shares outstanding. They were not issued because of Grewal, unless she had to do it to pay legal fees fees for the action she brought. As stock price declined, people sold. Amazingly enough, they tend to do that.
Then Basu declared a reverse split, and even more sold. That's another astonishing thing they tend to do.