I think would be very difficult to argue against that opinion.
Will it ever get back to even 4 or 5 sats again?
It jumps between 1 and 2 sats frequently but other than that this project is simply dead...
I think they have 0 chance of going to 229 sats again. We would be lucky if we can see NPXS trading at 2 digit sats because right now the sell wall is way too strong.