That is a really good question. Typically retired or shares that are bought back by the company boost the pps. It generally is used by companies that have a positive eps but not quite what they want so they do it  to make the company look more attractive. However there is no positive eps here.... So my guess, shares get retired and nothing changes.

Also a big part that will matter is how much the float has expanded. Let's say another debt conversion hit this q. The only thing that would change with the retirement of shares is the float would stay about the same. So you really gain next to nothing on the retirement. Of course at this point it is all speculation since we have no clue what the current float is or when the shares will be retired.