Have you heard of Frontera Energy?!You think 1-for-20 rollback is excessive?? Really!!
Frontera Energy’s predecessor company that went belly up (bankrupt) was called Pacific Exploration listed on TSX that went through a 100,000 old for 1 new share consolidation with no fractional share meaning if you owned 99,999 shares you got no share in the newly reorganized company Frontera.