Yes the notice was sent on 9/18 so March18 would be the date .
In there answer they stated that their business plan should be successful and they felt the stock price would be over a dollar before the March date.
That looks very unlikely and the must either give notice of a R/S forthcoming ,and be granted a extension until that is implemented or exit the NYSE.
Your proposed 1/15 is possible but would take the shares to around 33 million, whereas my 1/10 leaves them 50 million +..
Anything less than 1/10 ,takes the price low enough that another drop could start the process all over again.