They needed to do at least a 25 to 1 r/s last time but picked the 10/1 ratio to pretend they weren't trying to sacrifice all their round 1 longs lol.
Their only remaining hope is to just accept the downgrade to the OTC and maybe 1 day earn their way back onto the NAZ as amigo_mike said.
No-one has any faith in Odidi as CEO anymore...and I doubt at this messy stage he can even attract a seasoned CEO to take over the debacle he's created from 5 years of bad decisions and ineptitude.
He may be a great scientist but he's clueless as they come as CEO and it's already passed the point of no return on the timeline front and unlocking anything of value from their totally dead pipeline.