Reverse split I am beginning to think this stock needs a reverse split. A bid/ask spread of $.01 on a $.10 stock is insane. When you buy a stock like this, you are immediately taking a 10% loss. No wonder the stock is finding so little buying interest.
Why the heck did they only do a 1:2 reverse split when they had the chance back in Sep 2022? That should have been a 1:10 or at least a 1:5. If you are going to take the trouble to do a reverse split, at least make it worthwhile. Most people do not take a $.10 stock seriously. They take one look at the price and assume it is a scam. We need serious investors who are not just penny stock flippers. The $.10 stock price does not attract the right kind of investors.