Alkaline Water Sees Roller Coaster Reaction to Reverse Stock Split: 3 Red Flags You Need to See
Yesterday morning, Alkaline Water (WTER) announced approval by the board of directors for a 15-for-1 reverse stock split. This is effective under Nevada law as of today (April 5). The implications of this move include a dramatic reduction of common stock shares on the market. Before the reverse stock split, 200,000,000 shares of common [...]