After the split, the number of shares outstanding will be increased to maximize the number of shares traded on Nasdaq. After all, common stockholders are victims of this scam. My belief and opinion
S-1 filings take a minimum of 16 weeks. Calm tf down. Stock will probably find some strength in November and early December. I doubt 3A has much ammo left to dump. If any.
Let’s just agree on paper a reverse split does nothing to value. Shareholder sediment and the reason to reverse split is another matter. It’s either good or bad for the company. For a definitive up list, I would place that in the good category..