After a reverse split, there will be a financing raiseThis has much lower to go as reverse splits almost always allow the stock price to drop even further post consolodation.
And considering that Chris has hinted at the need for additinal cash, the raise will be performed at a discounted price which is why he needs the reverse split to occur as right now he'd have to perform the rasie at $0.01 with $0.02 warrants.
However given our current share structure of over 440 million shares outstanding, it becomes very difficult for potential new investors to see a value opportunity over share dilution. We firmly believe that the proposed consolidation of shares will open the door for capital investment that will allow us to achieve revenue and stock growth that would not be possible if we stayed at the status quo.