If it’s approved and if they don’t need to after the closing it could all change. So no it’s not the only possibility it’s just one of the possibilities. If it’s a month away we could hit .50 or more before then another possibility.
Where on earth are you getting this 90% drop at? Is that you? Why would you still be here? I will bet you right here and now, that there is no reverse split on this ticker anytime whatsoever this year. Plenty of time for you to move on to something else that you dont have to bitch about constantly
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