I have lost hope personally. I Will now have less than 1000 shares. I don't see them coming close to a pps that will get me green personally. Thankfully I only made a very small gamble here.
Its a tough call. R/S usually destroy existing shareholders. It looks like they will dilute to honour past commitments. They may tout to keep the S/P high to convert. There are too many factors to predict short term. I believe the trend will continue down. I have been caught in a few over the years. One R/S was an ETF so there was no issue. The other was a microcap with about 4 R/S since.