that's a very good question and an interesting strategy..that is a sure why to royally screw the shorts. Imagine share reduction reduced float. major major squeeze!!

As for the other question regarding notifying shareholders prior to the SPO. I believe they would do an 8k for when they would resume trading as per SEC requirements. Although technically if they are not relisted then there is no need for anything official. Technically we are shareholders of record. but do we consider ourselves common shareholders when there is no trading? So there is a lot of grey area here.

I also think they have reviewed many angles as to how to approach relisting and the outstanding issues surrounding the stock. They are going to get shorty in a big way.

anyone want to chime in...maybe I'm completely off base.