As I understand it, the R/S is in effect come the middle of April. Brokers notified investors. In reality, IF SOUM was able to maintain the post pps, all would be well. Reserving new issue only for future value added acquisitions (adding more value to the company book than the negative affect of O/S dilution)
The problem is, and has been, that SOUM management has previously been the sole cause of the post split pricing. SOUM issues new shares diluting the price without compensation - like 'funding' retirement packages and keeping the lights on. No "value" added.
IF they would NOT do that after this R/S and put out a few PRs identifying sustaining positive drivers like increased revenues, increased contracts and consummation of the revenue generating acquisition - well, newbies would stack up and be willing to pay increasing amounts to acquire shares to get on board.
Wouldn't that be lovely! What are our chances?