RE:RE:RE:SigilonWe all can give examples of pros and cons till the cows come home. But in no way can anyone say reverse splits are a "disaster" for evey stock. I get it, reverse splits are often used in failing companies and those companies eventually fail. You quoted GE, General electric has been going downhill for years and the market recognizes that so the stock price performs accordingly. Score will always be a small micro stock and I know nothing about NBRV.
I own another stock, Antibe (T.ate), which recently graduated to the TSX and had performed a 1/10 reverse split when trading on the venture exchange at around 40 to 50 cents. After consolidating, they raised 40 million dollars on a pp priced at six dollars and received another 20 mil from a company in China. They are now trading around five bucks,(post split) but have had a price target of 15 dollars and just recently it was raised to 16.50. I'm sure most investors know the history of this company.
rixpix!!!..SVA fits similairily into the same category as ATE and if you for one minute think a disaster will befall this company because of consolidating their stock, then respectfully, your 30 years of investing has taught you very little. A disaster will only happen to SVA if the pouch is a huge failure..period!
SVA needs to get off of this exchange, and if management does not take action to do this, then I have to agree with Bio, they are negligent and not looking after their shareholders. And by the way, Antibe is also holding or attending a number of virtual conferences in the next several days and weeks ahead. And yes, there is also grumbling about management style over there as well. A number of investors seem to think everything has to happen overnight and if not management must go.
This of course, respectfully, is just my opinion and I welcome any civil debate.