Reverse splits are the worst thing a company can do. It's a terrible thing to do to stock owners. Every time I've seen one happen people lose trust in the company (for good reason) and the stock falls to nothing. A buy back is the better choice because it shows that the company can be trusted. I think this is why they made the statement no reverse is planned so that we all will keep the faith. I am here because of the bio side of things and after the split I'm not sure if I will stay in fitx or not. If they do actually start showing growth and revenue, as a stockholder, I would be like ichan and want to see a buy back to improve stockholder value.
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