Wednesday, June 21, 2017 6:27:30 PM
http://finance.zacks.com/reverse-stock-split-good-bad-2298.html
(see last paragraph of this article)
IMHO I feel it's actually for the best in the long run. No way they are going to attract big players with so many shares outstanding. No way they can get on the big exchange with the sp being under $1 so in the end this is positioning them for success.
I can see why many initially see it as negative though 8).....I felt the same at first until I dug deeper.
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