Consolidation :(
As much of a fan of DBO as I am, I really don't like the idea of a consolidation, especially 10:1. From my experience, the shareholder will experience a short term drop in share price after the consolidation without any news... Also, they haven't really expanded on why they need financing. I suspect although they increased their revenues (and decreased their loses), the financing would be to help ease operating costs.... DBO needs to get some new contracts and do nr's on upcoming revenues if they are going to get my vote for the consolidation... until, I sit and wait ... with less of a position ....