RE: WHY, WHY, WHYconsolidation have only one purpose set up the new investor with a new base price and make it useless for the old shareholders to try and bail making money.
someone with 100,000 shares could hope to make say $1,000 with a .01 pop but someone with 1,000 shares need a $1.00 pop.
reverse split eliminate volatility, again take NFC for an example when trading at .025 to .035 hundreds of thousands were trading everyday a whole bunch coming in and a whole bunch getting out day in and day out, Now it trades but a few thousands a day.
Consolidation is financial murder for old shareholders