Because they have 900mm A/S now and they aren't changing it. Why not? I'm not sure... They could change it right afterwards... Seems like they are pretty set on not letting on to how low the OS is until it is played all at the same time. Announcing the post-split AS as say 10mm or less would be very revealing.
I remain convinced the company doesn't know we get the AS from Delaware.
Agreed. I also can't understand the reason of doing a 100-1 reverse to make the share price $15??? I thought the minimum pps was somewhere just above $1?