I agree. People think a company that has a reverse split is probably in for a long period of misery. And of course, that has been true for Wave since the last example.
But from a purely mechanical perspective, it makes no difference.
And frankly, continued misery is more of the same.
Wave's most ample output has been in the verbiage used to describe their operation. I even have my own mini-vocabulary. Trust matrix. Valuable information. Unsafe harbour. Crack Pipe. Round-the-corner success. Over-the-horizon vision.