RS are rarely advantageous for shareholders; the exceptions are few and far between.

Nevertheless, even the implication of one is a negative for the share price.

The smaller the implication, the less the overhang on it.

I agree this is only a "just in case" scenario, but again, if PC says he's only going to the NASDAQ from a position of strength then really, even the suggestion of doing a RS is absurd.

2 for 1 is all the overhang we need if our "position of strength" is revealed sometime soon, and we won't even need that, in my opinion.