Forward and reverse splits are zero-sum games. If a company has 100 shares at $100, it's worth exactly as much as having 1,000 shares at $10 through a 10-for-1 split or 10 shares at $1,000 through a 1-for-10 reverse split.
It was clear that will happen. Better for up-listing, new eyes on the stock/new investors...
In the past a R/S is bad news unless they uplist or a part of a buyout. Went through one on big board and turned out to be a winner. Just have to wait and see what the ratio is on PPCH, Hopefully a low number.