Spin it however you wish; the actions they have been taking over the past few years have been actions a good company would have done as well. Whether they end up being good or bad will be determined at the end.
A Reverse Split isn't necessarily a bad thing. There is no true-value lost. the higher price will open the floor to all types of investors, not just the bad ones. The main point is that it opens a door full of possibilities, one many here have been watching come to fruition for a while.
This MARKET CAP is at a MINIMUM TWICE what BLTH should be valued at considering all previous BOXS / BLTH history.
Looking at .001 to .002 range very soon. That is only if there is EVER any volume to make BLTH a tradable stock.
There is NO PLAY here unless the company runs a PUMP AND DUMP, we will watch for that..... meanwhile look for slow crawl to those lows. I have NOT BEEN WRONG TO DATE.
May have to wait until AFTER a REVERSE SPLIT and the finalization of all VERY MUCH NEEDED capital raise that will need to come very soon.
( BIG HINT: They don't have the funds to pay their bills and proceed forward with any new business)