Cyberlux Corp (CYBL)

[parrishilton]

Reverse splits usually mean a company's going to go broke. it's a desperate attempt to stay afloat. Companies don't do that so they can gain an uplisting because they would be shooting themselves in the foot. If they're all that and a bag of Doritos they don't need to reverse split they'll eventually reach a share price that'll warrant them uplisting. Uplisting means that you're all that and a bag of Doritos that you're successful and profitable. unfortunately lots of companies are getting listed and their pieces of crap. Theoretically if a company gets up listed that's a great thing that means they're successful have a great business plan they've graduated and moving forward they might do a forward split which would be even better example IBM. A reverse split is never good it means the companies last-ditch attempt before bankruptcy 99 times out of 100. If the guy was saying that you know it doesn't make any sense really. TTYL XOX