Post by
tracker11 on Mar 23, 2021 6:49am
May 2020 reverse split
a 12 for 1 reverse split going from 1.3 billion shares to just 110 million as they faced delisting. What has happened since? Are they still burning cash/losing money? Revenue? Another possible dilution with the filing of the base shelf prospectus? Is the company still in serious trouble? Thoughts?
Comment by
leo101 on Mar 23, 2021 11:19am
it's been a case of a rising tide lifting all ships but the euphoria of biden's election is wearing off. there will be more share issues to cover losses.