Investors are sometimes quick to judge reverse splits negatively. It's important to understand that the value of the share itself doesn't lose value in any way other than to be "represented" differently. This type of split is designed to keep the company's stock in compliance with exchange qualifiers.
Also important is recognizing that these splits are designed to enable the stock to continue trading on a broadly based platform rather than the OTC garbage pile.
Lastly, a company regularly listed on a prominent exchange as is this one won't go through the hassle and expense of associated filings and approvals to say nothing of filing expenses were it not deemed the smart path to take at this point in time.
This is not a flunky, two-bit OTC pinkie. It's a real company engaged in extremely important research and development within its chosen sector. I'm a shareholder, for better or worse, and I'm not selling out of mass fear coming from the herd.
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