Bollinger Innovations Inc (BINI)

[Smilin_B]

Actually yes. When the outstanding share count becomes far too bloated and the share price has failed to increase in order to attract institutional investors that prefer to trade Securities over $5 and $10 per share, a reverse split serves a purpose that is two-fold. It will reduce the outstanding share count and bring the share price in range of most hedge fund and institutional managers doctrines whereby they are permitted to purchase shares