The company had the stock price AND market cap to uplist and they talked up this idea plenty in the past. Tell us why CV couldn’t get this done prior and doing a reverse today is all it takes?
A reverse is coming and unfortunately for current longs, massive dilution will follow. Look at the current share structure and what will look like after a reverse. Then read the Shelf offering doc filed with the SEC. perfect storm coming!
Longs will need good news flow to lesson the blow.
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