They are reducing AS not OS and to start there will not be a rs. They arent even considering one and why would they. This will be moving into multiple pennies over next month so get your position while is super low
I've just checked several news sources and nowhere is any merger mentioned or even discussed.
there was a PR over a month ago on otcmarkets.com (the go to place for a lot of info on OTC Stocks). I have no clue what "several news sources" you checked, but that statement was nowhere near true!!!!!!