The way I'm wired is more of a "rip the Band-Aid off" kind of guy. My perception is that all of these retail mindset people in the OTC are going to freak out regardless of how sane a share restructuring is. Also, while it shouldn't really matter, for many there is something symbolic of January 1st and a new calendar year. If they are going to do it, my Christmas wish would be for them to get it done in the next 8 weeks and start 2020 with a fresh story to tell.
I don't think they would ever consider not proportionately decreasing the authorized shares in a reverse split. I think management really believes in the Verus story and that would be counterproductive if they didn't do so.
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