Right. I've seen a number of these and in every case the value of an investment dropped one third to two thirds. In a few cases the value was restored within a few weeks, but in those cases, the purpose was to uplist or remain uplisted.
As you point out, we already have part of that drop built into the price of NWOG because of the rumor of an r/s. If the company announces there will be no r/s, they will defuse the rumor and we will see the beginning of an uptrend. IMO