TSSP does not have any SEC involvement or pending involvement.
Reverse splits are 100% legal as long as the majority vote wins to elect to do this. Since the board owns majority they can reverse split anytime. I have never heard of SEC. getting involved with a reverse split, but maybe you can point one out to me. Now if they tried to raise the value of the PPS before or after the reverse with false statements then that part could be looked at, but not a reverse split.
I respect your opinion but IMO this still all comes down to bad management.
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