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https://richardacavalli.wixsite.com/greenplanetmicrocaps/new-diabetes-treatment
Take a look at their 8/9/22 PR where they say this about Proposal #3. Not many hours left before 8/10. Obviously it has to be 1 for 15. Since it is so close to a buck then they might not be able to keep it above a buck tomorrow and then everything would be all for not? Here is their wording regarding the RS. Note the last part of the last sentence:
"(3) To approve an amendment to the Ampio Pharmaceuticals certificate of incorporation to effect a reverse stock split of the Company’s
shares of common stock at a ratio not less than 5-to-1 and not greater than 15-to-1, with the exact ratio to be set within that range at the
discretion of our Board of Directors before August 10, 2023 without further approval or authorization of our stockholders."
This isn't even worth anything given that they've now admitted that it is the same as placebo.