[itsprofitbaron]

First of all, you should only submit a reconsideration request if your site is banned from Google (and you haven't used other methods to get it back in).

Your site is not banned in Google - you can check this by searching for "site:riot5.com"

In terms 301'ing your dead links this is a good thing to do however, don't expect them to show in the same place in the SERPs as they were previously at least not immediately.

I didn't find a canonical tag on your pages, not did I find a robots.txt page or sitemap on your site you definitely should add those (you should also submit the Robots.txt and Sitemap to Google Webmaster Tools)

Similarly, as you have created sub-domains for languages you should really be using Google Webmaster Tools and telling Google they're geo-ips. Ideally, you should also .htaccess the pages so when you visit from another country you are redirected to the geoip address.

There are other things you do as well but once you have done those, and along with naturally building links to your site you should notice that your SERPs are returning to where they once were and are improving.