I love it when a plan comes together Another great job of planning by the brain trust at EBY/NGY. They have managed to screw everyone that holds shares. Pre consolidation I was considering buying some of those half penny shares but kept reminding myself of this management's past performance and saved my money. If this latest move doesn't prove these are either well beyond being totally incompetent or outright thieves I don't know what will. If this isn't some kind of scam for management to get more shares as cheaply as possible then the whole management can't have 50 IQ points between them.
The idea of consolidation is to make the company more attractive to investors but this latest stupidity should keep investors far far away.