RE:The Penny sellers I agree a consolidation would in the long term be beneficial if the company actual does go forward. Because the day traders can easily kill any momentum when they can make 10% on a half cent price differential.
I'd wouldn't mind even a 10 for 1 to get this to a price where people will look at it more seriously.
Historically, consolidations have not been favourable to shareholders. When a company is falling it tends to not do well. If the company is a rising star it is not so detrimential.
ps. don't forget they just sold $750 000 worth of gold. Otherwise their working capital would be lower.