Wouldn't that require an announcement and a vote to actually do an rs, leaving investors plenty of time to exit if they so desired? If this is the case then all this rs talk is just a scare tactic.
This is a pretty good article which talks of a possible rs and the repercussions.
Quote:
"TRTC has an agenda to move to a higher exchange which may necessitate a reverse split and there has been much discussion on this recently. Everyone seems to think that RS is bad and usually results in lower PPS as the result of panic selling etc., but if we really examine the issue we come to an entirely different conclusion. Yes in almost all cases when a non-revenue, sub penny co with a history of dilution does another RS it almost always ends in more downside. At the other end of the spectrum when an established Company such as TRTC that already does significant revenues does a RS it almost always results in significant moves to the upside."
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