- Investor sentiment is currently dominated by concerns over the company's July 8 proposal for a 100x authorized share increase and up to a 5,000:1 reverse stock split.
- These proposed capital adjustments are fueling dilution risks and have contributed to the stock's steep multi-day decline, overshadowing recent positive news regarding new AI and Amazon-related partnerships.
- The stock is currently trading at $0.62, down 6.7% today, continuing to underperform the broader markets.