The reverse splits were 1 year apart not a few months. The first split was part of the reverse merger, the second was because of major dilution by noteholders taking advantage of the delinquent filings default clauses in the notes the stock got the into a cellar box situation and the only way they even had the option of uplisting was to reverse split again
Now they have an S-1 filed and an application to uplist to OTCQB. They are trying to reduce debt with minimal dilution and increase revenues. I am waiting for further news on what they are doing to follow through on the PRs about increasing shareholder value.
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