Where do you come up with all shares zero'd out? The new entity can honor all and choose to RS or not RS, or not honor any. Sure most likley revocation. I would bet on that, but that could be a wrong bet as well. The SEC can do as they please. We don't know when and if the SEC and Baltia are talking and when those talks began. So until revocation happens and until Baltia speaks we know nothing. Maybe Deripaska/Bronfman has some money invested here, if so Baltia will slide. I have a suspicion US Global may well survive but exactly how and whether or not us peons survive is the big question.
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