George Koh : U need to be patient. Everybody wants fast money. Other than understanding fundamentals and technicals  this is also a psychological game. This week it should go above $20. If u can wait after few weeks it will go above $30

George Koh : Agreed. Reverse spilt is never good news to begin with. However at end of day, just like any other company if their fundamental cannot support their valuation. No institutional investors will consider.
But if it does and the technicals clearly point to extreme oversold and overshort territory at the current price point will only means extreme undervaluation. Ultimately the big fish will take notice and they will make their move.
Banker surely knows how to play our psychology. They make money by frightening retail investors to cut loss and sell him at basement price. Then push up the price and sell some fanciful stories for retail investors to buy back from him at ceiling price.  That has always been their game