You're right Nuk! There are times a company will do a reverse split to better position it's pps prior to releasing news regarding material events.
A reverse split can be a launch pad for the pps under the right circumstances, if it is timed to correspond with the release of good news such as uplisting, release of new products or exceptional financial results, for example.
This going to get interesting...so let's wait and see what happens here. I'm sure the float has been reduced correspondingly.
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