they added stock option shares as compensation to employees and board members. The dilution would not take place till they are actually exercised, and when price is met. Thus, if they are exercisable at .15, they at maturity date cannot sell until they are at .15. Thus it behooves the new employee or board member to get the company to perform or they loose compensation.
Look at the filings and term dates and price of maturity of new share issue to employee or board member.
To have a stock split they need to announce and have it on file with SEC as a split, like a 2-1, 3-1 or a reverse split, 1-2 or 1-3 to get price higher.
ALl imho, I am just an amateur investor who does it for fun. I am already semi-retired, I get better odds than Vegas, take spare fun money and roll the dice.