NextQ1 is now history. Next important corporate development (3-4 months) will be the share consolidation issue. Theoretically, a consolidation should not affect market cap. Unfortunately, practically, it typically does. It will reduce liquidity - look for a 3:1 ratio ( around 30-35 million shares outstanding after consolidation). TH will need a new financing round. Hopefully, a couple of new institutional investors come on board in the next 12 months.