Senrex, the reverse split would tell me things I don't want to hear. First, Peregrine management has no short term news to prevent it. Second, Peregrine is not willing or able to create the news to prevent it. Third, Peregrine doesn't care how its shareholders will be hurt by it.
I sincerely hope Peregrine management can get the share price over a dollar without a reverse split.
GLTA, Paul