Looks like another Death Spiral...
1:10 R/S isn't too bad, but it is very negative to investors, any R/S is extremely negative. Float is somewhere in the range of 450M shares if I'm not mistaken.
It probably won't be too long before they increase the O/S, and start dumping shares into the market. R/S means they have no money, and cannot find any financing. I don't know how much they paid for this shell, but my guess is they probably got scammed themselves.
Sorry, but I am not prepared to invest any more money into Bicycles, lol
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