RE: RE: Controlling small caps"former major shareholders get screwed heavily" - exactly Trade4ever - and the new investors are now the biggest of the "major shareholders" and the ones controlling the share consolidation. And they know how to do this - they are pro's. I repeat: they are not going to screw themselves. As I type this I see an add for Zone Resources, formerly Consolidated Beacon, underwent a 10 for 1 consolidation, and trading at aound the equivalent of the pre-consolidation price. Same with T.CEG, fomerly T.SAG, underwent a 10 for 1, and only small drop in price the equivalent price.
For those in a this current price of CDO, there likely will be no damage to their shares - for those like yourself, I agree, there will damage, so I understand your frustration and agree. For Renee, that old penny flipper - well, he left all his freinds and family hanging out to dry long ago, as he flipped out of CDO, severely damaging the share price along the way. Or ,if he still has shares, he so reduced the average price of his holdings with his contstant scalping of his company's shares that it doesn't matter. Maybe if he concentrated on running the company rather than profiting from the company's shares by relentlessly scalping, CDO would not be in this position of having to consolidate.
It is all a function of price for the rest of us - the post consolidaiton price only has to go to .30 for us to double our money. It will easily do that with only 20 million shares outstanding. It could go higher. I am quite happy with a double or more ....