American Leisure Holdings Inc (AMLH)

[nsomniyak]

The immediate effect of the 1 for 10 reverse split is to divide the number of shares you have by 10 and simultaneously multiply the share price by 10.

In and of itself the r/s does not alter the value of your holdings.

However, many companies will issue more new shares after the reverse split (dilution). A tip off that this may be coming is if the reverse split applies to the outstanding shares but not authorized shares (some do, some don't, I would have to read the prospectus here).

You can find a more in depth explanation of reverse splits on wikipedia or investopedia.