New management made the reverse split decision. They really had no choice. They have no capital and can not raise money issuing convertible debt with a bloated triple zero stock. The most recent filing also discusses this is what the company will need to do to survive. Current shareholders will more or less get wiped out and that is why this stock is trading with little interest at .0001.
From the filing:
"NOTE 2 - GOING CONCERN The accompanying audited financial statements have been prepared assuming that the Company will continue as a going concern. The company has historically relied upon loans from Good Hunting, Inc. as a source of working capital. With the change in strategic direction B2 Management" (Bell's company) "is in the position to fund operations for approximately 9 to 12 months. Any additional capital needs will come in the form of convertible debt."
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