not quite right, you're close. 100 shares @ .027. After reverse split of 3:1, will have 33 shares at .081.
Not a big profit, they should be paying you cash for any partial leftovers that don't divide evenly by 3. Sometimes the higher pps will draw more "real" investors in than a penny/subpenny will do with a higher float which draws shorters and short term flippers, easy to manipulate the stock price with just one trade. Lower float cuts a lot of that out. Downside is, sometimes they just dilute and raise the float again, eventually reducing the pps right back down to penny again. That is the advantage to the companies for R/S. PPS is too low for them to flood (dilute) shares to raise capital.
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