QUOTE :... "Reverse stock splits are very common with reverse mergers and can significantly reduce the number of shares owned by stockholders."
REPEATING, "Reverse stock splits are VERY COMMON . . ." ( emphasis mine ) and it was the reverse part of the operation to which I was referring.
When your ownership is reduced 90% ( typical ) then a TEN TIMES SHARE PRICE INCREASE is washed out .
I am not saying it can't work, I am just saying that the REVERSE re- duction is a massive drag on the whole process. ...I think Yellowcake Mining went through a TEN to ONE reduction ( you could say this instead, "One share for Ten" ) when the skank Company AIVI took over the shares .