What this is about is that most investors don't wa

What this is about is that most investors don't want to buy stock in companies that have an AS in the billions. This is one reason for a reverse split. A 2 billion AS looks bad. It looks like a company that has diluted their stock. So what do these companies do that have diluted their stock? They do a reverse split. It is only a math equation that is designed to make things LOOK BETTER.

The other reason to do a reverse split is so that the pps moves up proportionally to a level that is acceptable to a higher stock board. To do this it would mean audited fins are required also.

This is why a reverse split can be a good thing and it can be a bad thing. To move to a higher board they don't want to see a balance sheet with a 2 billion AS and a pps in the fractions of a cent.