I think it is going to worse than a simple R/S. Within 4 months what you hold today will be worth about 1% ofits current value.
We end up with a small stake in the new company that will maybe trade above .70 for a week as it slides to .15 or less. And maintain our shares in a company that will ONLY be able to maintain .0001 because there will be no interest so there will be no R/S meaning it cant go any lower. But you cant get rid of it either, no one wants it even at .0001
This is all speculation. At the moment, we have no way of valuing our shares because we haven't been given enough information. Maybe you should sell if you are not comfortable, that is your decision, but do not sell because of anything you have read on here in the last hour.