I think a reverse split of 1:10 would be a healthy move in the long run. The market cap is enough to qualify for NASDAQ or NYSE and with a 1:10 the PPS would be enough, too.
If people get uncomfortable and the PPS drops a bit after the split that's all the more for me. $[^__^]$
Of course the RS will pass. Insider preferred shares carry 100 voting power per 1 share. They control more than 51% of the vote. Also there would be no point to vote for RS now if they didn't plan to implement it soon.
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