4:1 consolidation is not the small consolidation we were told to expect. That was Mr.Crawford's first misleading statement so he needs to explain why we went from a minor consolidation to a very major one. Giving him all the credit and trust he has earned thus far and in so thinking perhaps something changed since his last guidance to justify the change. I can only GUESS a significant transaction is on the table requiring a turnaround financing at $8 or so. If this is the case then it better happen fast because there is a lot of down pressure on the NASDAQ that does not look like it's going abate over the summer months. Unless management and IR do a few things in rapid succession it's going to be a rough ride. If we're left to flounder $5 to $6 might look like a good price over the summer.
Immediately following the commencement of post consolidation trading these things have to be done;
1/New LOI or confirmed acquisition announcement
2/ Super strong 2Q financial statement with PROFIT
3/ NASDAQ listing completed.
Now that the cat is out of the bag doing those things to support sp is no longer optional. We cannot list on the Nasdaq with declining sp and expect sp to perform solely because we're trading alongside the big boy's and we can't reasonably expect the venture and OTC to carry the day. If you don't have deep pockets your only choice will be to ride it out. We'll get there I'm sure but IR has to step up their game now.