I disagree. SNPW filed a 14c for a reverse split and then they tweeted that they did not need it etc. Why put such a cloud over investors heads if they really didn't need one. You think this was in the best interest of shareholders, I don't. How many potential shareholders did this distract from buying shares?
Further, take a look at SNPW's history with reverse split filings. In short, this is what has happened over the last three years.
A 14c was filed for a reverse. An 8k was filed for a 1,000 reverse split. An 8k was filed cancelling the prior 8k. A new 14c was filed. Snpw tweeted they really didn't need a reverse. !4c stayed open for another 9 months before it was cancelled. Guess how many months out of the last three years either a 14c or 8k was filed and active concerning a reverse.
My opinions.