look at the chart, see if their were any forward or reverse R/S's, its very simple information you can do. Yes it was that price at one point. Look at the financials as well, they got into some trouble in 2016, 2017, now been trying to get out of it. Only time will tell if they do, For now, trade a great stock that the shareholders have by the balls, not the company itself.
Realistically, it could get back into the $20 but that's not an overnight thing or even this year for that matter. Once they reveal the rejected reverse split it will shoot up to about .80 maybe even $2 range, probably get back on Nasdaq, then come back down to .01 to .50 range, then reverse split will be proposed once more.
By that time, it will be Jan 2019 or after, it will be approved then. They will reverse split, bringing it into the $50 to $20 range IMO.
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