In January's previous filing, they stated ... "We are evaluating various alternative courses of action to regain compliance with the OTCQB minimum bid price requirement, .... "

Do you think they have credibility based on their history and performance ?

What other "alternatives" were explored or expressed to Shareholders before the BOD summarily decided the best option was to butcher their Shareholders with a Reverse Split ? They aren't limited to space, why didn't they name the other considerations, share the alternatives in the proxy so as to gain our support and prove the need for this last ditch technique ?

You believe them ? Their business wisdom and judgment (LOL, if you can call it that) has proven disasterous, and produced worse consequences for Investors, NOT better.

The insult continues with these characters apparently still refusing to step down or to voluntarily reduce their salaries, even as we fall to the depths of this death clutch they presided over and blame others for.

The entire company is worth under $3M.

These corporate cowards haven't shown their face to Shareholders in 3 years I think.

It appears the BOD is drawing for their own pockets something like 1.5% of the company's entire market value each month; approx 18% annualized !! ... oh well, it's only the Shareholder's remaining assets vs the personal interests of the 3 BOD members. As things continue unchanged and our dwindling cash gets consumed, the indefensible, inexcusable, outrageous, irresponsible percentage will become even more grotesque.

The stock is priced at half a penny.....

All US patents have expired. All foreign Patents expire in October (I think)

As I recall, for the past few years, supermarket bagboys makes more income than the entire company, and for this the BOD pays themselves $45,000 monthly. .... not counting the continuous legal fees to cover the corporate Is and cross the Ts.

I said they should have done it long long ago, why didn't they announce a Tender Offer for 1/3 (or whatever) of the shares Outstanding; most especially just months back knowing this eventuality was being contemplated and even a likelihood ? They had (still have ?) several million dollars in the bank. That alone would have raised the share price to 1 cent (ugh), either by the reduction in the float and return to Treasury that it caused, or by the tightening of the hands of holders onto their shares.

Well, I guess what remaining cash there is best preserved to provide well paid job security for Cliff and Gloria and Carl a while longer; I'm sure they appreciate it.

Nope, Vote against the Reverse Split, then let them finally issue the Preferred shares (that would provide interesting issues at this point); either way Shareholders have learned a lesson about the exemplary business prowess executed by these titans of corporate implosion.