Yeah, you are correct Monroe. A reverse split is not necessarily bad for shareholders. Since the seminal paper on company share prices documents 1200 companies' share price for the 12 months following the reverse, (google Rosenfeld - Klein paper / reverse split), you will find that 20% of the time the price tracks up after the reverse.
But ... (uh oh!), guess that leaves 80% of shareholders with less shares and stuck in a likely downward spiral. Who knows Monroe, maybe you and SHMP will be part of the lucky 20%.!!!
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