POET Technologies Inc.

Yes. Reverse splits for penny stocks are primarily seen as acts of manipulation/desperation and the vast majority of them see price deterioration. Someone here, a few posts down, hit the nail on the head: the way to increase share value is to generate/increase revenue or show a clear path to get there. R/S is a numbers gimmic and, in the small cases where it works, the companies already had intrinsic strength (see citigroup, etc).