Something good will happen imo prior to the reverse split that will up the stock price! Otherwise they would have opted for an immediate reverse split rather then extending it for an additional 180 days. Think about it!
Quote:
Board of Directors decided that it is in the best interests of the Company and its stockholders to extend the time to determine the ratio of the Reverse Split for an additional one hundred eighty (180) days in order to: (i) evaluate the success of its capital raising efforts; and (ii) the growth of its operations during the extension.
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