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RIOgrande44

02/27/26 9:03 PM

#3891 RE: staypuff #3890

Thats what I was thinking. Even a 5-1 would leave around 6 mil OS. They have yet to rule out that option.
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CaptHowdy

03/02/26 12:31 PM

#3893 RE: staypuff #3890

They can survive a 2:1 reverse split, there are plenty of NASDAQ companies out there with 10-15m shares trading.  Any ratio greater than that renders RXMD converted shares next to worthless, especially after the unnecessary NXPL reverse split conversion. That is how they ended up with majority control, thus making any shareholder votes equally as worthless as this has become. .   . 
All those insider bonus & share giveaway programs are not looking so good any longer if NXPL becomes delisted. 🤔
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holt69

03/02/26 2:22 PM

#3894 RE: staypuff #3890

Unfortunately, management refuses to actually try and become profitable. From the time before NXPL fraudulently forced RXMD to merge, they have been bloated with high administrative expenses with nothing to show for it.

RXMD on its own could easily become profitable. Go back a few years and they were profitable. But there's no chance now with how NXPL's management has too much in expenses that lead to zero revenue. It's a recipe for disaster.

A reverse split might cause a small short-term spike of 10%, but this will eventually head towards zero. It's done. Management has said some of the right things in the last few months but has done nothing to actually improve the share price.

The only hope is the lawsuit.