Those VC's will have to find someone to dump on at .02. Using your statements it means if some folks bite and buy at .02, they can count on losing their money again just like before the split. How exciting. .
Unless if intended for the VC's to dump like hell all the way down into.
Of course it is. That is the only reason to do a reverse split now in the middle of winter. And that is exactly what the toxic holders are going to do.