Until the SEC gets off their A$$, and actually does something about it, you will continue to see the legalized fraud that this represents.
I have never had a stock R/S while I was long, thank God.
But, I've certainly played numerous R/S POS stocks after the R/S.
Very risky play, but also potentially very rewarding.
I played GLKCE very well. It had a similar story, but without the post-R/S dilution I think we have here...