Think what you will. It doesn't and won't matter. for 1 1/2 years people have insisted we "bashers" were wrong. It turns out we've been unerringly correct, sadly. No one likes to see innocent investors lose money and no one likes to see greedy CEOs bilk investors out of money to which they are not entitled by performance or value.
IMO, this 1:1000 reverse split is theft by another name.