it will do just fine-what most are expecting is massive dilution after the r/s to tank it but I dont see that as the plan on this one-not all pennies play the same-
assuming there is a split this will have to go to a $1.10 for you to break even if you bought at .0002. Now not only do you have less shares it will take a lot long to go from .55 to 1.10 than it would to go from .0001 to .0002. Still big chance of losing money and a while to break even.