Don’t think it will drop that far with all that is on deck. Doubt there that many flippers that had even found their way back recently based on volume.
Mailing was sent December 16. Filing says 20 days from mailing for name change and share structure change. That puts us at January 4th if the timeline sticks. Financials are due any time.
I can maybe see trading around a core but I wouldn’t want to be on the outside when news hits. We saw how this ran to $0.23 pretty easily with the low float. That was just a warm up IMO.