Hmm, I see the voids-oids have again taken to creating additional Ids to pump the stock.
"What is this nonsense about a reverse split being a bad thing? Nothing changes. There are less shares with a higher share price. The market cap stays the same"
How can we break this to you? How about this: A reverse split is in 99.9% of the cases the beginning of the end. Now I know that there is indeed a handful of cheerleading assholes who will point to the one or two successful cases where a reverse split has occured( Lord knows rigtcall is just aching to log in to his other alias!) - but that idiotic ranter and his pumping aside - lets stick to reality - the reality is that earnings have not served to get the stock higher. ( You do understand that means, no?).
Facing delisting( and the eventual listing on the dreaded Denver penny stock exchange - and it is coming for this POS), a company reverse splits the common.
As with selling assets, this move is tantamount to burning the furniture to heat the house. ( You still with me?)
Now don't you wish you had read the newspaper for 30 years and made millions? Lol.
On the plus side you did get another cretin to agree with you which serves to demonstrate that you are in fact "not alone" in your ocean of ignorance.