Jason reverse split his way to try and get on the NASDAQ. The fat fuck couldn't gussy up the share price any other way. Hell, at 3 bucks a share, the pre split price is .0015. Jason is a shyster. Remember when Fatty Mcfatterson used to talk about growing this company "organically"? I guess in Jumbo Jason's eyes, reverse splitting is organic.....
You need to look more in-depth of the listing rules before you speak. It’s up to Nasdaq if they want to take his company on or not. As far as going public he can retain control of the company no matter what. He just hasn’t allowed anyone to buy their way in or buy up his company. He could have done it much faster and much easier but he’s still making progress. Unfortunately his way took out some believers. But hey it’s the chance we all take playing penny stocks isn’t it ?
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