RE:RE:SigilonWK,
In my 30+ years of investing reverse splits have had mostly negative results on companies.
Most that do are forced to reverse split so they don't get delisted.
Nabriva is one of them, NBRV. They did a reverse 1 for 10 split and lost over a third of their value over night. That was in December. Today they are even lower.
Another one that most know is GE. A few weeks ago they announced that they'd like to vote on a reverse split and the company lost over 15 Billion in market cap over the next 2 days. Just the thought of a reverse stock split brought them down. I believe if they do vote for a split, the shares will get hit even more.
Last example is the Score. SCR.
Last month They did a 1 for 10 reverse stock split so they can list on the Nasdaq. Stock was $5 buxx the day before the split, and 2 days later it was $38.... Today it's even lower.
There are other examples, mostly all negative, and I've been there, done that, holding shares of a company that announces a reverse stock split. Not a pretty site.
Cheers.