Galaxy Next Generation Inc (GAXYQ)

[havatampa]

Of course, the reverse split has no effect on the enterprise value of the company, positive or negative. However, the increased share price can have a lot of positive effects on the trading markets, because many brokers won't handle "penny" stocks, most IRAs can't invest in them, and the brokers who handle them tend to have high commission rates. The increase in the share price should make the stock more liquid, which should have a beneficial effect long term.