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Dude, a reverse stock split is no panacea. Stocks moves on: sales, earnings and profits. A reverse stock split is just a "cosmetic change"... a "facelift" -- if you will.
What kind of investor puts his capital on the line because of something as superficial as a reverse stock split?
You are so lost and so distracted, pal.
Institutions will not invest in a penny stock. Mutual funds, hedge funds even sometimes wont invest in companies unless they above a few bucks. It will make a big difference. Their sales are growing.