Unless heavy dilution occurs after a reverse split, a reverse split will not damage current shareholders. They have already said dilution is done. The market cap is undervalued and that will not change in a reverse split. It doesn't take 400 years of penny stock trading to figure that out.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.