To all the people complaining about the consolidation there is your answer on page 2 of the presentation.
there is no way they can hold discussions with potential investors in USA and Asia with > 1.5 billion shares on issue and a share price of 2.5c, the investors they are talking to will not be retailers like us on hot copper by the way.
would you prefer:
1. coby and dadi to tidy up the register as per the pre requisites of funds in order for them to invest and upset a few hot copper members as they have had bad experiences in the past with consolidations or;
2. keep some hot copper members happy and not consolidate but also exclude the potential for a USA or Asian fund to invest in weebit and significantly improve the outlook of this company
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Ann: General Meeting Presentation, page-6
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