TheGlobe.com Inc (TGLO)

[NorthPeak22]

Sorry, I disagree. The worst thing any shareholder can ever go through is holding through a reverse split, doesn't matter what it's for. Just the act of doing it is a sign of inherent weakness within any company bc it's usually the last resort option to attain a certain price that the company couldn't reach organically. I'd much rather the new public corporation change their charter and increase the Authorized Shares to say 750M or 1B shares and just use the increase to raise funds when needed. The loss of one's ability to realize the level of percentage gains that originally enticed the investor to the stock is significantly more painful IMHO than holding shares through the raising of capital. The negative stigma around companies with large share counts on the big boards has also gone away. Some of the most valuable and recognizable companies in the world have massive share counts (Apple: 15.6B OS, AMZN: 10.3B OS, NVDA 2.5B OS). So I don't for one second believe that a RS is necessary for any reason whatsoever.