RE:Reverse split now likely This is the problem with companies that have large share counts. They love to dilute their shareholders. A reverse split was needed here a long time ago, but they did not do it. Now we know why. It is easier to print shares when your share holders are penny stock flippers. Real investors do not tolerate massive dilution. Penny stock flippers are the dumb money that always get diluted.
Management is not working for shareholder value. They are working to preserve their jobs. After they print another 800 million shares, a 1:20 reverse split is likely.