lolololol Lolissimo! Not on the OTC, sir. Now now, not yesterday and not ever will a Reverse Split be a good thing for shareholders. On the AMEX/NYSE maybe. But not on the OTC Pinks ... not ever. The only reason for a Reverse Split is to get rid of existing shareholders and give insiders a fresh set of gulliblers with new money to defraud. Out with the old in with new.
MRNJ has already had 4 reverse splits totaling 1:64 Million
I, too, think that the reverse division should be treated rather as something foreshadowing a better future! It means that the company wants to revive, become as if after confession! ??