"They are caught between a rock and a hard place regarding huge financing for a BOM2"

No doubt. May as well hang out at one to five Pennie's for another  1-1/2 years & hope for a zen deal? The reverse split option appears to be nothing more than a used bandaid. Legs are already blown off , this option would most likely take care of the rest of the body parts.

How pathetic if this is what they've been working on all this time.