THE CEO HAS SAID IN THE PAST HE MUST AVOID SUB-CENT PPS:
Lagan: “Listen, it’s always a sensitive area for shareholders, including myself. Nobody likes these reverse splits Everett. We find ourselves in a position where we don’t have a choice. We need to execute on a reverse split. Sub one cent makes it very difficult for a lot of people to buy our stock.”
CEO DOESN’T WANT HIS STOCK SUB ONE CENT!! HE DOESN’T HAVE A CHOICE!! IN HIS OWN WORDS!!