The R/S in conjunction with today's PR is a clear sign that both are needed and that the R/S will happen soon....they needed to lock down the conversion rates of the debt and the warrants in-order to figure out what the R/S ration will need to be. They probably also received commitments from the note holders to hold off on conversions until after the R/S..hence the extension of the notes out another 18 months..lets get the R/S rolling, price increased, uplist to a better exchange, and then a buy out from big-tobacco...