DNA Brands Inc (DNAX)

[Tx Girl]

Your first two points were completely right. The third one, if the a CEO reverse splits a company because of shareholders angry, that CEO has NO business being a CEO, it comes with the job. There are lots of ways to deal with over the top extreme shareholders without self sabotaging your business.

Most reverse splits almost never work and any new shareholders that he could get through a reverse split he will also lose, because once the price drops back down to where it was pre reverse split, those shareholders will also bail.