Could not agree more. Reverse splits are for the benefit of the company, NOT, current investors. I regrettably started buying ALYE several years ago with the belief its current management would work the same magic as with Allis Chalmers. At one point I held nearly 100,000 OTC shares of this company and now am about to experience my second 20 for 1 reverse split, losing thousands along the way. I fully understand the choice to purchase all of these shares was mine alone, but continuing to dilute as they are is doing investors such as myself no favors.
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