I agree but the big winner here appears to be the loans funder who as well as getting their 15% interest also through the underwriting will probably pick up some very cheap shares
What i've noted with consolidation is that it is not as extreme a dip with shares that actually produce something and where the consolidation factor is lower ie 16 cents scares fewer off than $1.60
1.6 cents for a nodebt unhedged gold producer, page-5
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