If JRT were to not be $1.00 after the split, the goal of avoiding delist would not be achieved.
So, with a 1 for 10 reverse split the old dividend per share goes to 12.00. What is the new dividend going to be.
These guys know we were going to get hammered with the split. That's why they chose to have a high 1-10 split. This way MAYBE they're be worth a buck!!! These scummers took us to cleaners!!!