The r/s chatter was a VERY intentional scare tactic that allowed for the pps to be flawlessly manipulated by note holders - who then made money on the way down and scooped up cheaper. And moment reverse split was "canceled", note holders made
BANK on the way up
I imagine that management has known all along that there is no need for a reverse split, as upcoming catalysts will drive the pps above $1 - EASY. Based on all the data coming out of clinical trials, its clear that BIG PHARMA needs Delcath.
Considering the fact that we have sufficient cash on hand to fund operating activities through the end of 2017, I wont be surprised if we hear news of buyout soon