Ann: Cardia announces proposed merger with Stellar Films Group, page-13

Algen
Try and explain this to "makatach", the bloke is brainwash with consolidation, he does,nt understand the fundemental technicality of market trends.
I believe any consolidation at this time, will wipe out all shareholders in a flash. Consolidation would work only if the company is making a profit now and is in a true bullish trending market.
The stock market now is in a selling mood especially for penny dreadfulls, any consolidation will see prices revert to where it was pre-consolidation, hense Capital bankruptcy.
It is possible maka, no longer hold these stocks !