If in the scenario U just played out I see plenty of oppertunity to make $$$$$$$$. Let me see.... We have an inicial spike so U stay glued to your computer untill the buys stop coming and volume starts drying up, try to be completly out by then. Then U can wait for the PPS to become stablized and it should become very trader friendly with steady volume. Just remember to sell on news and try not to get brainwashed into believing that you stumbled opon the holy grail.
If you think this will drop on the RM news you are nuts. Look at the 3 most recent RM's: You need to do your homework. Companies do not do Reverse Mergers to make the share price go down. They do RM's to increase the value of the publically traded company.
GS why do you continue to bash a .0012 stock? Are you trying to buy lower? You and everyone else knows this is going nowhere but up . Do not wait Buy it and make some cash.