Let's summarize the past events a bit more realistically.
The largely inexperienced shareholders in this company believed that they were better equipped to determine the direction of the company than the more experienced, more knowledgeable BOD. Under their naive devotion to the banished founder, and without complete knowledge and true understanding of the company's IP, the reactors' capabilities, and the actions that got Squires removed from his leadership roles, they created a hostile environment that resulted in the professional, well-meaning* BOD quitting. Coincidentally, there also happened to be well timed news leading to the belief in future riches soon to be coming from QMA/China; followed by the fantastical dreams of smart solar buildings. (Naturally, there will now be shouts of "ASSAM!" as validation. Personally, I'd suggest waiting for proven, sustainable commercial success before pounding my chest on that one.)
Now to the present reality. If, and I am not saying they do want to, but if QMC want's a reverse split, that means Squires wants a reverse split. Not that the Squires sycophants would resist their savior's wishes, but without Squires the aforementioned shareholders do not have the votes to stop it from happening. And, that is not even considering the potential for Squires to award himself and his family millions of additional shares, i.e., voting rights, prior to the split announcement.
* While they have been slandered often here, there is zero evidence I could find that the folks who sat on the QMC board were anything but honorable. I have asked around in the display space and Sri is highly thought of. So even if they had plans to sell QMC, there is no one here that has the data the BOD had or can argue it wasn't, at the time, in the best interest of the shareholders. It just killed the fantasy of 1,000% gains.
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