Joev2 has hit the bull's-eye again. Last July there were 67,753,000 shares outstanding; now there are more than 4
billion shares outstanding. NSS, MM's, and shorters did NOT issue those shares and they are NOT responsible for the stocks plunge to .0002: that is a FACT!
Aditionally, every scholarly study analyzing the effect of a RS on the post split performance of the stock, concludes that there is a very high probability that the post split shares will decline in price.
If management is fixated on a RS in the near future, I contend their primary objective for doing so would be to further dilute.
There are many intelligent individuals running small public companies, but intelligence is not synonymous with wisdom.