There is so illogical if the intention is just to fix the $1 share price issue.
It's more than just that...
If you are a real longs...have your hard earned money invested...
I would suggest don't read into the bears' spinning BS...
There was a good reason they drop this prelim on Friday AH, they know page 4 will cause panic esp the inexperienced investors. Until the time you read to page 16 & compares the share counts by BOD to last year's proxy. THEY GIVE INVESTORS MORE TIME TO READ INTO THE PRELIM & FIGURE OUT WHAT IS ACTUALLY THEIR INTENTION TO FILE THE PRELIM. Imagine if this was filed on Monday morning, panic sell-off will happen just quickly based on info. on page 4!!! So stay calm!
Form 4 might not be due until the 10th of next month based on this: