Any quotes attributed to links I offer are carefully thought and, if truncated, are done to aid in reducing the unnecessary verbiage. Having said that, I also read the quotes carefully and ensure that they say what I think they say. Ergo, I am not missing something in reading comprehension. So, when I read the quote below, I can only say thank you for having made my point. That is - a reverse split by itself does not have a corresponding reduction in the authorized shares. The example makes clear and confirms what has been said...A reduction in both outstanding and authorized shares is only possible with a shareholder vote to approve the reduction of BOTH.
So, not to marginalize, mitigate, minimize, or misconstrue the quote, here is it in its entirety as provided. Please note the words that clearly and convincingly confirm the veracity of my argument.
It was a highly customized approach, as the prorated formula should make clear.