You guys are clueless seriously.
A buyback is rubbish talk for now. Where will the money come from? No production, no warchest of cash.
Share consolidation just reduces shares on issue. Your percentage ownership is still the same.
If IDC consolidated now 10 to one, it would be $1. But the number of shares you own drops from 10 to one.
You invested 1$ to buy 10 shares in IDC. It is now worth 1$ and you have one IDC share only post consolidation.
Dilution occurs when someone enters at a lower price via share issues. Your precentage ownership in IDC is now lowered. Think of it as someone having co-ownership of your house at a lower price that you bought it for. Minimum issue? Hell no.
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