There is an eventual limit if the reverse split is rejected (which is why it WILL have an effect on equity), I'd also like to see the board voted out and Cox, Green, Woloshen, Newberry, Liposky all fired (as to the question of who takes their place, they aren't likely to be worse) but that probably won't happen.
Oh and when did Cox become chairman of the board of NABI, hasn't dropped big in the last 5 years.