I'm with ya Brother. My reasoning (of a buyback, if cash allows)makes sense to me. I hope it makes sense to them as well. They can either be pimps (buyback) or wimps (reverse split). I don't think there's any "in between" in the long run.
By the way, this is the only penny i've ever invested/gambled on. Frankly, it's the only one I will ever gamble on. But if I'm doing it, I'm doing it big.
If I fail, I fail.