RE:AGMHello Countrygent.
Yes, the proposed share consolidation will, to the uninitiated and unaware, serve to "cover the tracks of the destruction of market cap valuation"; this is quite regrettable and extremely unprofitable in the near term.
I am currently trying to exit my position prior to the proposed share consolidation.
We all know that following a share consolidation the newly established share price generally tends to resume a downward slide; i.e. provided there are no positive catalysts to help sustain the shareprice at what would appear, to the unaware, to be much higher price points.
With a 3 billion - 3.6 billion dollar shortfall in foward funding hanging like the sword of Damocles over the heads of long time shareholders; well, suffice to say there may be added insult to financial injury to come?
Nevertheless, a stellar quarterly report can, in the best of circumstances and in the "near term", catapult the shareprice to $1.60 CAD.
Here is to expecting that my exit window will be open long enough to allow for my profitable exit and repositioning.