Yuka Group Inc. (YUKA)

[tobias89]

It appears that the company is expanding, however the reverse split was done as a longer term plan to keep the share price in the dollars versus sub-pennies and maybe take it out of the OTC. Unfortunately, whenever companies do a reverse split, especially to this extent, it is initially taken as a huge negative and thus the share price tanked as many exited. New shareholders will take those shares and the stock will/has established a new base and will move forward from here. Personally, I never put too much into 1 OTC stock that I cannot afford to lose as some of these companies do turn out to be scams, or are run by con artists. GRCV's past does not look good and I feel sorry for those that were holding thru the reverse split. Hopefully, share holders will have a brighter future versus the past.