Mitesco Inc. (MITI)

[Stockingstuffer12]

This from FINRA

More often than not, a reverse split involves a company that trades in the over-the-counter markets (OTC). Reverse stock splits are less common among seasoned companies that trade on one of the major U.S. stock exchanges. If a reverse split is announced and actually occurs (more on that below), proceed with caution.

If a reverse split is announced and actually occurs (more on that below), proceed with caution. Reverse splits tend to go hand in hand with low-priced, high-risk stocks. This is especially true with reverse splits that result in a post-split share price that is many times the price of the stock's current price.

https://www.finra.org/investors/insights/you-asked-we-answered-what-is-reverse-stock-split