Delcath Systems Inc (DCTH)

[jmoma]

They are doing the reverse split because they are allowed 500mil max common shares. After the r/S they will significantly lower that number and then issue more shares until they hit the 500 million total again. So we will have same value for maybe a day or 2 then it's dilution. Research the last 2 times they did a reverse split. Look at share price and how far it fell