Assuming the 1:1000 brings the share price to $3.50 it's going to be shorted down to $ 2.50 within days. Then slide back into pennies within months.
And yes, the 10K will be a disaster. I'd be surprised if it total year revenue is over $ 50k. As Mark and the two other criminals draw 6 figure salaries for sitting on their duffs.
So the “news” about going after 20 big infringers of their patents, was evidently a dishonest attempt to ‘soften the blow’ of their premeditated Reverse Split.