Alpine 4 Holdings Inc (ALPP)

[Renegades17]

Flawed logic

Looking at your share count is silly. You should be concerned with the market value of your shares. A RS won't change the market value of your shares in isolation.

If you look at research on reverse splits, after a possible short-term negative impact, which appears to be mainly a Pavlovian response, the long-term impact on market value is oftentimes negligible and in many cases positive (brings in institutional investors that need a price per share above $5). For example, the reduced float can actually have a dramatically positive effect on the share price- I've seen this many times in my 20+ years of being on the buy side in various capacities.

Reverse splits can be negative if the company uses them as a means to avoid delisting and needs to raise capital. You'll see this many times in biotech. ALPP is a different animal as Kent has demonstrated with his recent actions. He is very much focused on creating shareholder value and his interests are perfectly aligned with other shareholders.