Remove the RSAs soon as they announced the RS, any experienced investors took a very cautious approach when contemplating Supreme as a potential stock. Whoever mentioned the RS doesn't affect the value, has never experienced a RS, or was part of a very few "lucky" companies which didn't experience a nose dive after announcing same. IMO
If you believe that if a RS of 5-1 was announced tomorrow this company would maintain a SP of $6.80, good for you. The believers keep on saying it is only a tool, the experience investors look at it as toxic, and a dark cloud always lurking.
I belive it was a major mistake, and agree once it is removed, it will attract investors looking for long term growth.
The top old school investors veer away from RS, might be a new "hip" tool, but same old results will occur.
If you do a real DD regarding RS, you will find out the reason why so many investors stay on the outside looking in, when a company is contemplating using it, especially a penny stock which can't attract positive raection from the market. IMO