"First order of business is an R/S." The same o

Quote:

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"First order of business is an R/S."

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The same ones calling for a reverse split are probably the same as the ones whining about authorizing 200 million shares and what the company would do with those shares.. Minimum R/S for a NASDAQ listing that we can't even get now anyways because of lack of revenue is 4/1. Which would lead to 600 million shares that the company would be free to sell.

The other ones that would like to see a reverse split are shorts. With a $4+ share price, no really major news and still stuck in OTC they have a lot more room to drop the share price.