And with only 250,000 shares in the float................yea, I can see why it would go down. They just want more stock now, so they want everyone to sell down here.
After the reverse split your share volume will be divided by 200. If you have 200 shares pre-split, after the split you will have 1 share. Then what typically happens is that 1 share's value with rapidly fall to equal the pre-RS price basically devaluing your position by 200 fold. Cheers : )
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