OTCPK:CRZNF - Post by User
Comment by
Domovykon Apr 11, 2018 1:26pm
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Post# 27867688
RE:Share Consolidation!
RE:Share Consolidation!Are you kidding me. Share Consolidation. Have you seen the record of share consolidations lately by Canadian Firms? It destroys value for holders and only seems to benefit the exec and those they pay in shares to pump. Progress will get this thing going a consolidation makes it so long-term holders have to take huge losses to get out when things get even worse. They tend to drop after consolidation. I have even seen many including going operation claim share consolidation benefits the shareholders only to claim bankruptcy pay off debt and save their own jobs while hanging shareholders out to dry. What a questionable suggestion at best.