A reverse split does not hurt any shareholder. It is a business tool availible to reposition the stocks price to a more favorable price level. The value of the shareholders amount of ownership remains the same.
If you owned .001% of the company before, you own .001% of the company after. Unlike a decrease of ownership with an increase of A/S and thus increase of O/S, when the new available shares are sold into the market.
There is no dilution in a reverse split. Research the two. It's all in the numbers.
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