RE:RE:RE:RE:RE:Reverse Split Canopy Reverse split always comes with Zhit on retail investors face.
most companies after reverse split hit its prior price in few months. That is 1000 shares @$0.40 will be $4 at the time of 10:1 reverse split and then after few months drop to $0.40 or even less.
Reverse split means the company takes away 90 % of investors money to stay alive in the market.