{NASDAQ has stated that the plan should include the implementation of a reverse stock split in the near term – no later than 180 days after receipt of the delisting letter.}
From the above I assume that Capstone would have to include the "Hail Mary" of a reverse stock split as an option in the request for extension. Hopefully, this appeals process will delay the delisting and Capstone's Q4 and Y/Y numbers will beat expectations and the pps will break and maintain above a buck thereby eliminating the reverse split.