RE:RE:RE:Very Oversold You can be pretty sure the board have enough votes to pass their resolutions.
This is all outlined in the Info Circular Pages 10 -16
The Directors would set a date before Dec 31, 2020, although the resolution permits them to decide not to do the consolidation (reverse split). The split can be in the range of 1 for 3 to 1 for 6. Presumably at the end of trading one day you would have say 600 shares worth (using today's price) $ 2.17. In a 1 for 3 the next day you would have 200 shares that likely would be worth $6.51 or so, If it was one for six, it would be same level it closed 100 shares worth about $13.02. Just as the market does not open at the previous day's close, there is no guaranty of the opening price following a consolidation will be exactly 3 X's or 6X's the price.