Reverse splits are not going to turn out the way you expect them to. If there is warning of a reverse split everybody hurries to sell; if there is no warning then as soon as trading begins there's going to be a selloff anyways. The PPS of the stock usually goes DOWN when trading starts back up and something that you'll find out is that often times there is a huge gap between the bid and the ask leaving you with little choice but to accept a loss and I'm talking 50%+ if you can't get out within the first couple days(My only and suprise reverse split ended up being a 80% loss in the first three trading days). The stock continues to go down until it's another rinse and repeat with a forward/reverse split.
"when we open this baby back up, we will have a fresh PR released and this stock will finally blow!!!!!!!! New ticker - new market and 30 / 1 Rev Split takes us to $1.23 per share and we will have a much larger group of investors!!!!!!!! we will all be so happy that the SEC made us hold our shares!!!!!!!! "
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