RE:Consolidation Usually Followed by Private Placements EXACTLY...license to print money and support their lifestyle...JMO
ybacuo wrote: There are currently approximately 719M FCU shares out and the share price is 0.58. Assuming the consolidation happened today, post 1:15 consolidation there would be approximately 47.9M shares out at a share price of 8.70. It is true that a higher share price would enable listing on other exchanges, however my experience has been that share consolidations are usually followed by dilutive private placements.