For the past couple of days there has been a lot of discussion of a reverse split, what the ratio would look like, how it would affect the share price, etc.
So, a reverse split has NOT been announced? From what I was reading I thought it was a done deal, and I couldn't find any information about it.
"They didn't announce, "we're thinking of doing a reverse split", we'll let you know if we decide to do one. They are doing one.
When the reverse split is announced, then it will be here. The idea that since the company hasn't said anything about it yet meaning that a reverse here will not happen, is like saying because the sun hasn't risen yet, it isn't going to rise."
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