I am sure Jimmy B planned to R/S and would have LOVED to RS so he can dilute
and most baggies would love to RS so they can take some realized losses, but just GTFO because most know Jimmy's got 7B shares about to dilute
However, and I say it for like the 5th time,
Jimmy has to go to the OTC or SEC to Reverse split.
they take one look at the dilution scheme, the piles of complaints from baggies, he's probably on a watch list.
Jimmy might be a dumb diluter, but he's not that dumb of a con artist.
I don't see a R/S until he can re-win the confidence of retailers to buy said R/S, and he can prove to those who authorize the R/S that they shouldn't just treat him like cannabis science, halt trading, slap him in fuzzy slipper handcuffs, take him off to tennis court prison, then liquidate the company and give even pennies on the present share price, if anything, to retail investors.
I'm still going with this company is being given a try because its HIS best bet to turn what has been a penny stock scamming empire into his last real company, ...maybe turning it around.
whether he shall succeed if my theory is correct is another matter.