Oh, the CEO knows what he's doing:
He knows how to create bag holder suckers of this stock.
Awful business leader & manager; that is true.
But the CEO is fully aware of what he's doing & how he's doing what he's doing.. knowing in that regard exactly what he is doing.
As far as the share structure is concerned:
I've said it before & I'll repeat it again...
PMBS is diluted in the billion O/S range regardless of volume & no bid.
**The toxic debt in process of converting that is at the 'Ask' waiting is effectively similar as already converted shares because it is at the 'Ask' as a resistance to the price in a similar effect as fully converted share dilution would be. The reality is there is major dilution here effectively, whether shares are fully converted or still in process of waiting at ask to convert.
And that actually adds to pressure to do a rev split, because the financiers will need liquidity (a bid) to dump-convert.
No matter 'how anyone slices it', this thing is diluted more than enough already to justify a rev split.
This company has already proved that is has a history of doing rev split(s) based mainly on wanting to please its toxic debt holders for their liquidity purposes to convert shares, so it'll do a rev split.
By early Summer, I stand by that as a likely scenario to occur.
Market Data 
Markets 
AI
