Upon a reverse split the SP may rise. Yet the O/S divides. Meaning the market cap stays the same. Thus, investors do not gain nor lose anything upon the split.
Historically the SP falls afterward and SHs suffer. As did they with Supreme.
Maybe Check out investopedia to see how Reverse Splits work.
I'd be glad to help you with some of the other ABCs of Penny stocks. Just pm me!
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