Wow, I didn't realize ABWN was still around. Not to go off topic about another penny, but I believe you are mistaken. Reverse splits require SEC/FINRA approval and shareholder disclosure prior to the effective date. That is usually 60 days, give or take.
I just took a look at ABWN's previous filings, specifically the 8K from 6/28/2018. They did give proper shareholder notice, just like this paper weight stock. The only difference is that the ABWN toxic structure disclosed up to 5 reverse splits of 30,000 to 1.
You only saw one of those so far.