I can see where a reverse split would be viewed as a positive in SNDD situation, usually company's are doing a reverse split to avoid being delisted. In our case especially with the posting of the huge contracts a RS could definitely be used to uplist to a better exchange. Depending on where our PPS is at the time would be the factor needed to get the right ratio required. I don't think anyone here would be too upset if we did a RS for the right reason.
Maybe a 1:5 or even a 1:15 of which all depends on our price and goal at the time of the RS.
I've been in some bad RS stocks (lotto plays) that were barely threading water and literally crushed the common share holders with a 1 : 1000 RS, I don't think that will be the case here with Redhawk.
PS: the 5:1 you have listed would indicate a forward split = every single share would become 5, similar to what tesla did in 2020. Their stock was $2,213 per share and they did a 5:1 split which changed the PPS to $442. Cheaper shares allow better accessibility to purchasing the stock.
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