Enzolytics Inc (ENZC)

[OTCShotCaller]

F.Y.I. Reverse Splits do NOT effect the equity of your stock. All you end up with is fewer shares at a higher PPS, nothing more!

Companies do Reverse Splits for a variety of reasons that may not necessarily be negative or reflect some sort of company problem.

My guess is IF a Reverse Split occurs it may be the "fast track" way for ENZC Management preparing to UP LIST to NASDAQ. There are many NASDAQ Companies that do Reverse Splits. If I remember being on NASDAQ requires a PPS of at least $5.

Companies who also do a Reverse Split simply to attract a new wave of investors if their stock PPS is below where they want it to be.

Lastly a Reverse Split may not be in ENZC's best interest for reason at their high number of O/S a rise in their PPS above $1 and much higher would translate into having an enormous Market Cap and that would be great for any new BioTech like ENZC-BioClonetics.

Hope this helps.

Be well and prosper...