es1, this is good information and thank you for your due diligence. If this is as large a deal as I suspect, I have no doubts that they will not relist without a least being $15.00 to $20.00 dollars a share. The main reason for this is one has to assume a bad market when this happens along with the normal shorting and if it is only $10.00 a share or less, then this security runs right into potential bankruptcy issues again.
Not to mention most large funds cannot invest in anything that is $5.00 s share or less. The Newco would lose this huge volume of potential business. If these people are going to be on the level and I say they will, then one has to start out with a listing of at the very least of $15.00 a share to factor in the above. So, if they need to get past the first six months and a day to show more value, then the Newco listing might wait that long and the reason for the six months and a day is after this it is almost impossible to be brought back into court for illegalities that we know exist.
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