Ann: Q&A on the merger of QBL MCL and Medcan, page-508

I think both what @BigDaniel and you say are great points, but I must disagree on your talk about a consolidation fixing the problem.

Please correct me if I'm wrong, but in my mind a consolidation doesn't fix anything, but just artificially increase the SP in direct proportion to decreasing individual holdings.

If I held all 100 out of a total 100 shares before a consolidation (just for simplicity sake) at a share price of $1, I held a value of $100 in the company. After say a 10 to 1 consolidation, the value of the company would still remain at $100 as there was no material change in business, revenues etc. But now I would only hold 10 shares but the share price would rise to $10.

There is no difference to the value of my holding other than holding a lower number of shares at a higher price?