Here is the reason the company gave for past Reverse Splits. They are EXACTLY the conditions the company could give for a Reverse Split today. Pay particular attention to this part of their R/S reasons -"to position the Company to be more attractive for investors, enhance shareholder value, and attract possible acquisition candidates." and to this part:"to better reflect the Company's earnings as compared to other companies in the medical equipment market."
"Solos Endoscopy is pleased to announce that the Company has completed its reverse stock split of 5,000 to 1 and will be operating under the new symbol SNDY. The Solos Endoscopy Board of Directors approved the stock split and capital restructure as a means to position the Company to be more attractive for investors, enhance shareholder value, and attract possible acquisition candidates. The capital restructuring will also help to reduce the market volatility that Solos Endoscopy shares have experienced, and to better reflect the Company's earnings as compared to other companies in the medical equipment market."
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