Look, it's not complicated. As stated, they have literally nothing. Nothing the market wants, nothing that makes money, nothing of value, no "product" of any legitimacy, etc.
They exist to ink and sign gutter grade toxic financing notes (death spiral financing) of the worst kind - for the sole purpose of feeding cash back to the mothership, aka a few dudes in Arizona, who on any given day "might" be at a run down residential "house" (world headquarters, LOL! ) or more likely the local country club, bar or pole dancing joint.
Their biggest rounds of toxic notes they've ever yet inked- are convertible as of RIGHT NOW and are going to start converting as we speak.
The massive 1 for 150 reverse split was not an "option", it was MANDATED AS A CONDITION of the toxic note holders- CELZ, aka VAPOR-WARE Inc the scam had no choice in the matter.
Basically, the pace of dilution will be so, so furious and is accelerating that they would have blown right through their astronomical available shares of 6 ba ba BILLION.
Thus, the toxic debt note covenants MANDATE they reverse split in order to insure enough dilution shares are available as this next round of notes are converting - which is beginning right now, these past few weeks.
This will RAPIDLY be driven right back to SUB ONE CENT and just collapse from there- one day literally going to No Bid, as is the case with all toxic debt share dilution, share printing mill scams, of which CELZ is textbook.
This ain't the first time around the OTC scam block for the insiders on this sham-wow gig either. They know this game well, real well.
Remember, NO Bid is where the death spiral ends, and it only accelerates AFTER the proverbial reverse split- which one knew was coming if they've ever seen even an iota of toxic debt gutter grade hedge financing of the type this scam is inking. Bottomless, massive discount to market conversion prices that "float", aka floorless, and inking notes continually- the only real "business" they actually engage in:
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