FinancingEverything smells like a Financing is coming
The statment the share consolidation is "Based on investor feedback" says to me that managment is do this for a fincaning based on specific investors feedback and it is not a general statment.
the trading and lack of news tells me that an unspoken price has been set between $0.30-$0.35 cents. which is around $0.05 cent preconsolidation.
I could see a 25 milion share PP at 35 cents to give them the funds for summit with 40 cent warrants
They are not going to get the funds for Summit from current cash flow so it looks like dilution is on the horizon
This is just my opinion and i hope i am wrong.
Lets see how it plays out
Jumpenin