Global Links is, in fact, a sub-penny stock company and has done several such reverse splits over the last few years.

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Global Links has also sued the DTCC for defamation over a line in the media statement that suggested sub-penny stock companies try to artificially raise their stock prices by doing 350-to-1 reverse splits.

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Tanona observes that reverse stock splits have a history of badly lagging the market initially, but outpreforming strongly eventually.

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And while I hope this is one of the reverse stock splits that result in higher prices for stockholders, I remember times when it has not.

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