ConsolidationIf the consolidation doesn't get majority vote, the company will have almost $5 million cash if the Rights Offering is completely filled - and the shares outstanding will double to about 646 million shares outstanding. The shareholders will have their original amount of shares plus whatever they exercise in the Rights Offering. Am I understanding this right?
Is it better to consolidate and end up with 1/2 the amount of shares and 322, 765,080 outstanding - or not to consolidate and end up with our original amount of shares plus the shares we choose to exercise in the Rights Offering and 645,530,160 shares outstanding?
Any thoughts