Point-by-Point.... "my 1MM shares would be reduced to 10KK shares" YES!... @ a 1:100 R/S and I AGREE!.. NOT a "bad" thing IF! it's followed through with pps "appreciation". "Do the common share investors have 'no say' in this process?" Us, "retail" holders 99% of the time DON'T! "Voting power" for passing "resolutions" lies MAINLY! in the hands of "insiders/credit holders" BOTTOMLINE.. the R/S is FACTUAL! defined by the "Merger Agreement" terms based on the "current" share structure. It's really up to YOU! what action you want to take given the REALITIES! of the situation. GL!!