RE: RE: Well, we won't be trading for a while... yes it's a 10 for 1 share consolidation, that's the nature of an RTO. to me, it doesn't matter if it were 100 to 1, the main thing is to see what the new stock trades at when it opens in a few months; Alamo is the new company, and hopefully it's trading north of $0.35 to be a wash versus EMI at $0.035 as of friday's halt.
but like you say, i also noticed the new leadership of the combined company seems quite reputable, for a penny stock no less. and the new company has half-year sales of $15M and they'll be raising $2M in new capital.
so hopefully the new stock will have a period of excitment when it begins trading, and hopefully that all things adjusted, that share price is higher than EMI's $0.035 close before the halt.
so i don't really care whether i get 1 share or 500 shares or 10,000 shares after the consolidation, all that matters is where the new company, alamo, begins trading at.
and i doubt it'll six months to begin trading dude. the merger is expected to close by year-end, so that'll be the latest.