We may be past the point of no return.  Any serious new money is sitting on the sidelines waiting for an uplist, the threat of a split is unattractive and it makes sense to just wait.  The company doesn't want to uplist until the share price is more attractive to minimize the split, but because everyone knows it's coming, it becomes a catch 22, the share price lags preciously because of the assumed uplist and the near term hesitancy it brings.  

We can't attract heavy hitters until we uplist and anyone else looking at the stock isn't jumping in with a split coming.  Why would they? PTK is currently caught in a limbo state and I suspect management now just plows ahead, knowing more delays just extend the predicament.  We will get a good announcement to try and boost the price, but the timing now seems baked in, reading Mika's latest comments.