In my opinion, a reverse split would be disastrous now given that the RS would be done in a period of weakness. Again, IMHO, they need to have TLD first (assuming it is very positive) and then see what the reaction is pps-wise. If it's positive and they can attract a JV Then, and only then, should the enact a RS.
A reverse split will not take place on an 8 cent, 10 cent or 50 cent stock. It makes no sense, and if this were to take place, everyone who owns it would bail. A 1 for 10 split on a 1 dollar stock is possible, but not a stock that cant get past 10 cents. And a split at 1 dollar would have to take place when it holds near 1 dollar, not if it shoots up there for 3 days and drops. Very foolish move if anyone thinks of splitting an 8 cent stock. Has it ever even been done before???