Oh Lord. Please watch out for these slow witted fools who invest money in this. So the word is Pink Sheets then? If the company does not do a reverse split you cant trade on this exchange. Get a clue and please take some courses on the subject. And also ignore the fools on here that want to make you believe that a reverse split is some negative event. The float will still be plenty large after even an agressive reverse split. So a reverse split is not your enemy here. On the other hand, there is going to eventually need to be a capital raise and so its a near given that this will be dilutive (please look this up or make sure they cover this in the course you select). It basically means your shares could have less value.
You are listening to clueless people. The R/S was aproved months ago by the former bondholders as part of the restructuring. It will happen no matter what price the stock is. If you are waiting for $1.00 to avoid the split - It will not happen & management is not going to put out some magical PR filled with pixie dust. Q2 - Earnings? Consensus is a LOSS of $107 mm
25:1 in the next few weeks. You need to start listening to some new people.