Please keep in mind that the option you are talking about is 1 of 3 options, that the company(CVSU)may determine to take. It's also possible that they will decide to leave everything alone and let the stock price be determined by the market. There are options here. Whatever Rufus told may indeed be true but not neccessarily how this will play out.
No matter what option is used, I believe that there is a lot of value here. How much? I don't know how the market will react but I do believe that it is worth quite a bit more than the 15 to 30 cent levels of the past few days.
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