I've NEVER seen an R/S-merger where pre-split shareholders came out ahead (in terms of the $$ value of their stock holdings).
NEVER !!!!
How about anyone else? Has anyone ever owned a stock which did a reverse split or a reverse merger where the post-split value of their stock holdings actually increased after the split/merger ??
In my opinion, reverse mergers are just as bad to shareholders (in terms of the $$ value of their stock holdings) as reverse splits are.
I believe I've seen this movie before.. (it didn't end so well)..