when they asked for last RS vote in Feb 2018 this is what they gave as reason. I think Nasdaq launch back in their priority but how will they do it that's the big unknown.
following from DEF 14A from Feb 2018
In determining which reverse stock split ratio to implement, if any, following receipt of stockholder approval, the Board of Directors may consider,
among other things, various factors, such as:
• the historical trading price and trading volume of our Common Stock;
• the then-prevailing trading price and trading volume of our Common Stock and the expected impact of the reverse stock split on the trading
market for our Common Stock in the short- and long-term;
• our ability to possibly regain our listing on The NASDAQ Capital Market;
• which reverse stock split ratio would result in the least administrative cost to us; and
• prevailing general market and economic conditions.
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