I have a pocket wifi device which is based on ARMv6 and linux installed, When I tried to do a reboot -h now and shutdown -h now command, it registered a command not found so I figured the busybox did not enable this two useful command.
as an alternative I had to call reboot and shutdown command directly from the linux kernel
to reboot just type:
echo b > /proc/sysrq-trigger
this will immediately reboot the system without syncing or unmounting your disk
to shutdown just type:
echo o >/proc/sysrq-trigger
this will shutoff your system
hope this helps