Ann: Quarterly Activities & Cashflow Reports, page-81

That's a good point about the higher platform as the result of the consolidation. However, as you state if none of this bears fruit then I am not sure the company is viable anyway. There is no difference going bust at .01c or 1.1 cents.
I was taking a more positive outlook and thinking the company needs to start looking to the future of production and viability. Having 150m shares and a decent share price might make them an attractive option to serious investors who do not touch penny stocks.
As a general rule consolidations rarely work for me. Usually the consolidated share price goes south due to lack of news etc. I was hoping that PWN is finally coming of age and thought it needed to dress up a bit and show some leg as it enters the real world.