Purpose for the ConsolidationFrom Vitalhub Management Information Circular (referenced in the latest NR):
"Purpose of the Consolidation
The Board believes that shareholder approval of the Consolidation Resolution is advisable so as to enable the Corporation to pursue future business opportunities which may have a dilutive effect on shareholders (each, a Dilutive Transaction). In the event the Corporation enters into a Dilutive Transaction, the Consolidation should lead to increased interest by a wider audience of potential investors, resulting in a more efficient market for the Common Shares.
Approval of the Consolidation Resolution does not necessarily mean that the Board will implement the Consolidation. Even if the Consolidation Resolution is approved by shareholders at the Meeting and the Corporation enters into a Dilutive Transaction, the Board will have the discretion not to proceed with the Consolidation."