Percent of ownership stays the same on reverse split. Percent of ownership stays the same on forward split. NWBO might as well do a forward split. Lets say a 2 shares for 1 owned now. Good news is right around the corner. right.
Most companies that do reverse splits have poorer outcomes than those that leave their stock alone or who do a stock split.
That is not superstition, it is fact.
A reverse split is a very bad sign: Ask the investors who endured NWBO's last reverse splits, although I think most were smarter than us and quit YEARS ago.
If a reverse split or regular split had no effect no one would do them.