Agreed. The RS erased all account balances.
Do pre R/S shares ever come up for sale?
Not many can even break even with the brokerage fee.
At current prices, it would require about 5560 shares to net $10 to pay the common commission. That would be 5,560,000 pre-R/S shares.
Considering that many bought at a penny or higher that means that about $56,000 is now worth ZERO.
That's a pretty good eraser...