"we could go to Nasdaq now if we wanted to " - Peter.

Peter said this and it was 100% true. That was the point of having the reverse split option in the back pocket. Hence why they can still do it at any point.

"I honestly did not believe in him he was a means to an end to get better management in"

He is the reason Ajit is on board and as a result of Ajit, Suresh and Subhash. Ajit even clearly mentioned that today and it has been known long before today. If he wasn't important, didn't do a good job and was not respected, he would not have been invited today.

"Put it in your heads right now that there will be a 3:1 RS and just hope for the best.

This, like everything else is completely false. The RS is of course still available but there is no reason to use it. They are not in a rush to get to the Nasdaq as explained today and therefore there is no point.

"If they are going to keep buying companies with shares then yes expect a RS" This shows you don't know what a reverse split does.