A reverse split is merely an admission that present shares are worthless. I would rather see shares returned to treasury that are due to be returned if you know what I mean. Previous management pissed away our fortunes. So when it happens say bye bye to your hard earned cash, it's already gone
Too bad but they did it. I wonder if George is shoveling hot rocks or eating grapes fed by 71 virgins right now.. And he was one of the "good" guys.
So reverse split, all board members and connected people get anti diluted, and around we go again on the carousel.
Thank god I'm done with this bull shit company. I can relate to all unconnected hard working shareholders who have been taken.