Feb. 6 at 9:25 PM
$INHD If you read the Pre14A meeting fine print: The reverse split vote is for using it within the next 2 years.
If they use this before December 2027, the ratio cannot be higher than roughly 1/15 as their cumulative ratio within a 2 year window would be over 1/250. Doing so - and then falling under
$1.X again, would result in immediate delisting.
They also mention that the increased share count is for strategic purposes and business transactions.