$ACB reverse split is invoked to satisfy exchange requirement to avoid being delisted. When a stock reverse splits, sell all and run away as it invariably will tumble more if not eventually go bankrupt.
$ACB @naseroner no, reverse split does nothing to help, will in fact make it worser. Float is not the problem, in fact float will support incoming risk takers.... biz Solution is to continue dilute, manage expenses, raise new cap, viving hoping to survive tough time to reemerge after regs are passed.
View original message
  • 2