Megola Inc (MGON)

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What Is a Reverse Stock Split?
A reverse stock split is a type of corporate action that consolidates the number of existing shares of stock into fewer (higher-priced) shares.

A reverse stock split divides the existing total quantity of shares by a number such as five or 10, which would then be called a 1-for-5 or 1-for-10 reverse split, respectively. A reverse stock split also is known as a stock consolidation, stock merge, or share rollback and is the opposite of a stock split, where a share is divided (split) into multiple parts.

While this is a simple straight forward definition of a Reverse Stock split, some folks have a different reason for being in a chat room as to oppose to wanting to understand how the world of stocks work...LOL