What's $40,000,000 (outstanding debt) divided by .001 ooops that right - Its 40,000,000,000.00 Now what is it divided by .01 hmm 4,000,000,000.00 now what if par value ends up remaining - What is 90% of .01 hmm .009 - So, what is 40,000,000.00 / .009 = 4,444,444,444.44
True all the numbers in some form change upon a reverse split - but, the basis of this math doesn't. As you can see it doesn't matter even if par value was to remain .01 YA Global wins.
So where is the math problem?