Yup. I've never seen one like this before that files financials based on the RS (as far back as the Q ending September 2016) and yett never has FINRA process the RS and assign a new CUSIP, give the old ticker a "D" for 30 days as notice for the share exchange period for the brokers and cert holders to turn in the old, pre-RS CUSIP shares to the TA and for the TA to issue the reverse split reduced number of shares under the new CUSIP to the brokerages (or individual cert).
Either Recliner Timmy never notified FINRA of the RS, hasn't responded adequately to FINRA questions, or FINRA is simply refusing to process the RS. Any of those are all on the deadwood CEO and have led to the CONfusion in the marketplace where the reported financials are extremely misleading because they don't reflect the quoted PPS and volume information which are on a pre-RS basis.
This should be an SEC suspension after the 10-K failed to even reference this and try to explain it (why FINRA has nott processed the RS and issued a new CUSIP so the TA can exchange pre-RS shares for post-RS shares). The company either doesn't care or actively wants this CONfusing situation to persist in the market. Either way, this needs a suspension due to lack of current accurate information disclosure by the company about this problem.
Like the company DCLT itself, this is just a complete mess at this point.
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