share consolidation

Wondering who else had noticed in Prospectus on Page 19 Para 1.20 Share Consolidation

Panax proposes a 1 for 10 consolidation.

What do other investors think.

There are now too many shares for a company of Panax's size and it would make little difference if we have good news on PPA's and funding.

What does concern me is in the absence of PPA's & Funding there is a 10 fold increase in potential SP fall.

I would have been happier had this occurred after sone good news.

Thoughts?