Not a veteran trader but I can say the typical reason in the otc to reverse split is the ability to increase the A/S again. Or atleast that is the stigma. Hard to find one that r/s's and then goes up afterwards. If he brings it back to .o4 cents or so and they are doing awesome financially and he wants to r/s to get listed on the nasdaq. Then that is completely different. Don't think that is what everyone is concerned about.
This is my opinion and ONLY My opinion. Please verify with your own Due Diligence.
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