I will respond. Any stock can run despite their share structure. Happens often. As for share structure in general... it needs fixed. Is it hard to fix share structure? No. It is pretty easy. How:
1. Reverse split - OH NO. Did he say RS? Yes. If there is no toxic debt and a legitimate way of making money, a RS will fix the one thing that keeps people from investing. PPHM which changed it's name to CDMO went from .25 to $4.50 after a RS and then with months went to $24. They later went private.
2. Reverse merger with share swap. A company with say...50bil shares can reverse merge into a private company (which also can have shares - just not publicly traded). During the share swap, the private company might offer 1 of it's billion shares for 50 of the other company's publicly trades shares. An effective RS in conjunction with a reverse merger, but without the stigma the OTC puts on ALL companies that RS.
3. An acquisition - That same PPHM (that no longer trades), a company called Ronin bought up stock for 2 years and announced that it then owned 15% of the total shares before anything happened. After they announced, they gave themselves 2 seats on the board and took over the company. As part of the RS, they converted their shares into preferred shares to lower the OS - then they were able to do a smaller RS.
The problem with this company isn't the share structure. That is only a symptom of massive debt that the company allowed while developing several different products. Once the company can state that the debt is gone, the share structure won't be a problem at all - because the fix will be easy.