GlassHalfFull: "Regardless of the pricing of the PO we are in for a reverse split come agm time"

This is completely unfounded, unsupport and irresponsible comment.

There is zero evidence that a r/s will ever be initiated, nor has the company ever instituted one if this is the history you are referring to.

To suggest that because there are 300M shares out is too many is ridiculous....I would counter, with a similar amount of evidence, that there will not be enough shares out there a year from now and more will have to be produced to accommodate demand (through a forward split).