You won't see $2 until the reverse split. Do you guys understand that there is going to be massive dilution and their outlook is still not looking good? I was in thinking it was a good deal when I got in at $.84. I sold at $.92 and got out because I saw the share dilution after the dust settled from the debt to equity swap. Buying in now, might be ok based on a person risk level and seeing the conversion of preferred to common at $.40 but the dilution is driving the price down. That dilution will still be there 1 month from now. The dilution will be based in the new price in the reverse split.
Saying this, GLTA still invested. Just know there is more risk than normal.
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