Thinking out loud again...
What is this required 20 day halt in trading? I've never experience that. I however have had my shares unreadable as the new shares get converted, but the stock trades freely in the meantime.
Example is EPG* (just lost the D today). They r/s 1/10 and the stock traded that day. And consequently rose 500% from pre r/s levels of .0001 (though full disclosure would be it did close and convert at .0002)
My thought process is more like 567 (though he may have said was wrong, I kinda missed it) where all the share holders who hold through the r/s has their shares unavailable and the raining shares in the float become super thin with the minuscule share structure then literally (but mostly figuratively) move on air.
So given this perspective, I'd trade my above statement out with yours and the continue along with your reasoning for similar results.
Unless of course I am wrong an there really is a required 20 day halt of trading for all shares.
Again some meaning (less) dribble.
This is all my own opinion, even if it is based on facts. We're all old enough to make our own decisions. Get educated before you put your money to work. GLTA
