After a 1:1,000 R/S, there will be less than 600 shareholders which apparently the SEC has a problem with (not sure what it is because I'm from across the pond in the UK and not fully up to speed with the SEC)...
When DF applies to the SEC or whoever it might be, will they approve the R/S and give it an effective date or will they simply approve the R/S and allow DF to choose when it will take place?
Seeing some conflicting messages here and just want to seek some clarity on the situation.
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