I am pretty sure that Mr. Woodford would release his report one way or the other if a reverse split looked inevitable. This would not happen for at least 3 months after the stock dropped below $1. Release of his report can help clear things up almost immediately for better or for worse and Mr. Woodford's investors would be quite alarmed if NWBO ended up in a reverse split situation especially if he was in position to warn investors ahead of time and did not do so. That would leave him with a great deal to explain to the satisfaction of those investors and I don't think saying "oops" will do.