When will they announce the reverse split ? Nader was always saying how he was against that, now he is gone.
Was that what Nader was standing up against ? will a new partner want the stock structure reset to be able to dilute and look "fresh" ? Much easier to get control of a company when the retail has been curtailed in percentage of ownership.
I would prefer they sell the company, an " experienced CEO " will want to do what most Biotechs do when they have a large float and under a dollar per share.