SANT is nowhere near being eligible to meet the listing criteria for a listing on one of the two Nasdaq exchanges or the NYSE MKT (formerly the AMEX).
"Losing your share quantity" via a reverse split does NOT reduce your total gain potential. If that logic were sound, then the more a stock did a forward split, then the more forward splits a stock did, the more a stock would go up. That sill logic worked for a little while during the tech boom but that is all. If forward splits actually increased upside potential then BRK, AAPL, GOOG and other high priced stocks would forward split all the time.