$IBIO allowing a vote for R/S is their fiduciary responsibility. IF they can’t get the price up for any reason by June they need a back up lever to pull. If they didn’t have a r/s ready, they’d be breaking their duty which is against the law. That said, there really aren’t any shares to split. They STILL need to get the price up. This was part of some agreement with NYSE and will probably lead to a further extension to October 2020 to get price up. We’ll hear of that extension next. Perhaps even today, more news coming. Stay tuned they need to get price up. Not enough shares to split
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