Kraig Biocraft Laboratories Inc (KBLB)

[GTman1]

But the perception is that companies perform a reverse split for all the wrong reasons (which is mostly true).

I agree with this. And it's because most companies that do an R/S, do so to stay on their listing. Not to get uplisted, which is KBL's case. This is why KBL's R/S should be looked at from a different perspective, instead of being lumped into the typical reasons for an R/S.