Reverse Splits

[5cap]

An R/S question for the board: My impression is that the vast majority of R/S that are undertaken backfire and result in a lower market cap either immediately or within months. But what about companies that have a strong financial picture? For instance 2 or 3 quarters of increasing revenues, profitable, fully reporting, in strong sectors, etc...Do R/S in these sorts of situations that are undertaken in order to increase the share price also have just as poor a track record? --TIA, 5cap