Like you.......10 BILLION shares......and possibly more to issue in due course. I'm fairly sure most creditors will want money now rather than new shares being issued to them.
30:1 Consolidation sounds about right to me....but I think 50:1 is a better end result....if it ever happens.
The key words to me in the announcement were to the effect that there could be a "sale" !!!.
Well for me that's it fellow s/holders.....I have now put these shares in the bottom draw way up the back probably to never see daylight again.
Ann: Reinstatement to Official Quotation, page-3
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