RE:RE:RE:Special Shareholders meeting The BOD has asked shareholders for "permission" to consolidate the shares if and when required, and allegedly for the betterment of all concerned.
Should a consolidation take place, and it probably will, it could happen tomorrow, next week, next month, next year or never.
What Helllll posted is entirely true. This is how corporations take control of a company and liquidate current shareholders into the stone age. After this is done current shareholders have little if any voice in the direction the company is then taken and this is why some on this board have spoken out strenuously over the past many months.
In the not too distant future we will find out just how well our new partnership will treat us but I'm not holding my breath. This for now is a real crapp shoot imo.
What should really take is try and get the share price higher over the next 6 months then do a consolidation at higher prices, thus limiting the damage done by a ridiculous ratio of 60:1 and consider a more tolerable one of say 20:1.