Xechem International Inc. (fka XKEM)

[light_the_way2001]

it would have to change and will depend on how many new shares are issued in the new company and whatever valuation the bean counters assign it. IMO, The old structure will not exist anymore. Like I said, will work more like an IPO than a R/S, the share price has to change because the shares will not exist. If the new company is valuated at $10M and there are 10M shares issued then 1.00 PPS, to figure out what that means to the holders now will depend upon the market cap and percentage of that number each share represents, but before that can be calculated the creditors and bond holders have to come to terms with. It will not be as straight forward as a reverse split but will also not stay the same because the OS will not be what it is now.