This way overdue reverse stock split was completely overdue.. now we need some news…corporate developments on a product release…
The float has been dwindled down to such a favorable position that it’s gone from 100M to 5M reflecting a 1:20 split.
The cash on hand / share certainly reflects a discount…
The stock can certainly copy HKD type of astronomical type of move…the ugly part is that the stock price will likely stick..wiping out shorts…ugly ugly ugly to be short ..