Reverse Split. They need to get the Share Price back up over $1.00 or they could be delisted. The RS has absolutely nothing to do with the inherent value of the investment. You will own the same percentage of the company after the RS as you did before. Unfortunately, RS's have been associated with attempts to increase the number of shares that can be issued. This means dilution. So there is a psychological aversion to a reverse split. Once reverse splits happen the share price usually falls a few percent (up to 30 or so).
Until this uncertainty is cleared up, and despite the fact that there is no dilution in value, the share price is not going up. In fact, some people will sell in hopes of buying back in at a lower basis in a few months. A reasonable plan, but not a certainty by any stretch of the imagination.
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