If this uplisting thing actually happens, all those who think they will be able to sell their 100,000 will be in for a stark realization. Considering nobody wants this turd at half a cent, do you honestly think that people will be jumping at the chance to buy shares after a MASSIVE REVERSE SPLIT?
Compound that with 100s of preferred D shareholders trying to cash in at the same time. I highly doubt you will see many buys at all, which means the majority of these longs will be once again holding the bags. Bags that they can't dump at any price.
This should be fun to watch. I wonder how the longs will try to spin that.
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