If I'm correct, and I know there are plenty here to correct me if I'm wrong:
Trading is halted for 20 days as the stock transfer agent issues the new shares for everybody's old shares. If you hold them in certificate form yourself, you must physically turn them in.
The kicker, IMO, will be if there are any naked shorts that can't be proven by the 31st. We'll see and maybe I have it all wrong, debu. Someone correct me if my thinking is maligned. TIA
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