There Are Many More Companies That Didn't Reverse Split and Went Belly Up Than Those That Did.
Reread this post I gave:
After the split, if there is no price movement you have neither lost or gained anything. You'll still have the same amount of money before and after the split.
Your percentage of company ownership has not changed. Your share % of float and O/S has not changed.
The change is the effective increase in the authorized share capability. If no authorized shares are converted, everything stays the same.
The higher pps will attract investors that are not interested in a sub penny stock. It will also allow Exobox the ability to do equity financing.
If equity financing occurs (dilution of O/S), then if the price sold exceeds your current price you have NOT suffered price dilution ONLY percentage dilution.
Companies could simply raise the Authorized Shares (through majority shareholder vote) and dilute in that fashion with no forward/reverse or disproportion splits.
Personally Cukjati is proceeding in a remarkable fashion; everything he is doing has the right ingredients for success. All appearances HE's on the ball. I believe the deal was a big one. The $ has to come from somewhere. If it's for progression of the company then dilution is excellent.