Black Dragon Resource Companies Inc (BDGR)

[kenco]

John 19-35, reverse splits are almost always a very bad thing for investors, a rs indicates that the company has no capital to buy back shares, has no credit to borrow capital, and worse, that the management has no confidence in their ability to build any real equity for investors in the entity's stock, typically in microcaps, RS's are done to provide room for more stock to be issued, most really bad companies have a history of multiple reverses.