Share price is 0.64 at the time of this writing. Could go down to 0.2-0.3 by June which means even with a 10-for-1 split SP would be 2-3 dollars which is not a lot.
Any one think about the possibility of this getting de-listed even after a reverse stock split?
I am planning on voting against RS. They are merely trying to delay the inevitable. The real problem here is lack of communication and problems with implementation. Until they come up with honest projections on production and actually meet their target over the next few quarters SP is not going to rise. I don't think they can fool any institutions this time.
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