Recent XTI announcement

The upcoming Annual Meeting presents significant decisions that could shape the future trajectory of XTI . The agenda includes:

Election of new directors with strategic oversight.
A proposal to increase the number of authorized shares, offering flexibility for future capital needs.
The consideration of a reverse stock split, aimed at complying with Nasdaq's listing requirements and potentially increasing the stock's appeal.
If you like this company as a long-term investment, then I feel while the reverse split might raise concerns,  it represents a strategic maneuver to enhance XTI's stock's liquidity, attract larger investors, and lay the groundwork for sustainable growth. For small investors, this could mean an opportunity for portfolio appreciation as the company's market position strengthens. I just hope it is 1:50 rather than 1:250