There is no RS ... YET...
From the 8K...
With respect to a vote of stockholders, no later than September 30, 2018 only, to approve either or both of a reverse stock split of the Company’s common stock and an increase in the authorized shares of common stock from three billion shares to up to 10 billion shares
Currently..."NO RS Confirmed" is a true statement...
But there will be a vote prior to the bolded date above, and Seamus owns voting rights equivalent to 3B common shares...I guess it depends on the mood he is in at the time....because common shareholders are essentially neutered as a result of the preferred shares issued to the CEO on 7/23
I will sit on the sidelines until the voting is over....which apparently could happen anytime between now and the above date