I think in this case, you have it right. It makes absolutely no sense to retire shares and then do a RS unless you are forced to. Not only that, 1 for 250 is a huge RS that you rarely see. Frankly, I think it will hurt the price, but it looks like other penny and sub penny stocks will feel the same pain. These new rules should be the talk of IHUB. I am surprised we have not heard of this before now.