It truly blows my mind that there are folks that think that a hotel company, that has yet to build a single hotel, aims to reverse split for the purpose of applying to the NYSE, when they haven't even successfully become a Pink Sheet penny stock yet.
I have reviewed hundreds, maybe thousands of penny stocks in the past 10 years and in that span very many announced Nasdaq up-list plans and only a few pulled that off. 0 of them went to the NYSE. Now people think this one that hasn't even successfully become a penny stock yet is going to the NYSE and it has announced future reverse split plans, prior to even simply becoming a penny stock in order to up-list to the NYSE. Lol