With all due respect, I don’t think you have very much experience investing in stocks.
Do you think that they proposed a reverse split because they were sitting on incredible insider information etc.? Really?
Find me another NASDAQ traded company in which insiders own a total of less than 1% of outstanding shares. Hell, find me another NASDAQ traded company which insiders own less than 8% of shares outstanding.
Tell Me of another NASDAQ trading company who currently has someone who’s named in bankruptcy and shareholder fraud proceedings as head of their compensation committee?