TD,
Lack of volume is a good sign if all, including those outside of this Board, believed that cancellation of equity was a foregone conclusion. We would see massive dumps. Volume yesterday was only 196K shares. This the day after the "cancellation", that equates to only $7,840. At best 10 MM shares are held by this Board, meaning that there are pockets of investors who own substantial amounts. A high volume of shares could indicate a sell off, this did not occur.
just my opinion
Thank a Vet this weekend, our ability to discuss/debate this stock is because of their willingness to defend it.