Things to watch for I could have stomached a 10-1 share reduction but a 40-1 share reduction is completely obnoxious. I tend to share the view with a few other posters who think we may see a share reduction and then a massive pump. For this to happen we should see continued strong buying at or around 5 cents while the unknown promoter picks up cheap shares. Depending on how slimey it gets we might even see sub 5 cents transactions in December. Next there would be a news release about ABC firm entering into an agreement to promote SCG. Compensation to be largely through options that become invested upon certain share price targets being achieved. Next we hear about a US listing and the pump is on. My best guess is we could see a $3 share price before selling occurs. I'm also guessing it would be timed after 2/3 of optioons have been earned.
All of this is pure speculation on my part and I susggest you watch very closely. The share reduction proposal will be passed. A date of late December or early January will be set to enact the conversion. I can't tell you what to do but IMO a cost base of 5 - 7 cents seems safe. Best of luck dissident shareholders. There is really nothing we minority shareholders can do, so if you have the cash average down and enjoy the ride.