a reverse split would be a good thingI personally would not have a problem with a reverse split. The value of the company is still there. That doesn't go away or disappear. There is very little speculation built into the SP right now and a large part of the share price rests squarely on the actual value of the company. That will be reflected just as much in a post split scenario. It very significantly tightens up the float, It puts us quickly into the much much larger NASDAQ market . I feel a company with only 68 million shares outstanding is more attractive to a new investor than a company with 275 million OS.
Most importantly it will let N respond to future unknown situations, ie buyouts of other companies for example, with a more valuable SP and less dilution.
N is in this to be a dominant force and this move will make them stronger and more nimble in the new and unknown world that is about to open up on a global scale. That's right, we have barely even begun this journey and N is lean, intelligent, and about to get much stronger, both through organic growth and business acumen.
That's my two cents worth!
jevs