I seen this before and 90 percent of the time it will induce sell off including insiders, to make matters worse, market makers and naked shoeters short right back into sell off, mms have to many ways and the capital to fight them, they even short New York stock exchange securities, reverse splits do not work unless the company has strong earning's to share structure, a reverse split now would be disasterous, a sell off would happen, you can count on it, I can show you 10 companies that did this and the end result was back to 10 cents or lower, the only time it works like I said is if the company has great revenue and high earnings and is severly undervalued to share structure, the other option is to wait for revs to begine and than to go to the amx.
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