Everything you said was right, but the real reason for a consolidation is
that no lending body will touch them.
This mob, without a consolidation are dead in the water.
Can't raise any cash at a share price of 0.006 of a cent.
So the consolidation will need to at least ten percent.
From .006 to .06 of a cent at ten percent reducing. That part is OK.
Two billion shares reduced to two hundred million shares. Oops.
No good, bigger cut coming.
Run for the fire escape, selling on the open.
MPJ Price at posting:
0.6¢ Sentiment: None Disclosure: Held
