Ann: Notice of General Meeting/Proxy Form, page-102

There seems to be two reasons a company would consolidate.

1. A last ditch effort to make a company that is failing look better than what it is before the lights are turned out.

2. To make the company more attractive to buyers who dont touch penny stocks.

Does anyone here honestly think wbt has a problem that would require option one?

I take on board the comments from investors who have gone down this path with other stocks and got burned, in most cases option 1 is what is going on but in the case of wbt we might find a large player is circling with limitations on what they can buy or sign up to.

One thing that will be a good outcome is less shares available, the current amount on offer keeps many investors away. From following ADT and PO3 for a while smaller amount of shares on offer is a big factor for most investors.