PMCM now has a bad reputation. Once they do their reverse split, the price will drop back to the current level. A R/S doesn't solve their legal problems (and they've hinted that Iggy isn't their only legal issue). As long as they have legal issues, no Institutional Investors will touch this; and as long as PMCM has a message board, retailers will warn other retailers of PMCM's past.
And for those whom are wishfully thinking that the R/S will be cancelled, dream on. Not only does the R/S get them out of 000's (for a moment at least), the the R/S also gets PMCM off of the pinks and onto the QB (the next level above pink sheets).
For those who want to stay and think this will go up after the R/S, I would suggest you sell now, then buy back in at .0001 to cut your losses shorter.
IMO, the R/S will be 1:1000, because greedy DM pretty much starts with a clean slate; common and preferred.
