I doubt much of anything will happen until they make some kind of "adjustment" to the share structure. They will likely need to sell more shares in order to keep funding the company or otherwise I expect they'll have a hard time properly producing the events they say are already in the works. I would expect some kind of announcement soon on what they plan as far as increasing the authorized shares or a R/S. That may not exactly be received by investors as positive news so it remains to be seen how that will effect the stock. Until then, I'd say the stock is in a "holding pattern".
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