If we would take you serios that would mean the following.
Before re split announcement
pps has been at $2* 50 mio shares (roughly) = 100 mio market cap
after re split on your assumption
pps will be at $2* 10 mio Shares (roughly) = 20 mio market cap
As HTFBS for example is always talking about market cap = value of the Company ...this is the same..... before or after the re split .....only in your assumption not.
Again the only thing you are doing is missleading the weak hands.