The reasoning given for the consolidation, to make the company look better to potential investors, suggests that they have no idea.
The reason the share price has dropped over 90% is because the company has not been delivering on their rhetoric. So many deals announced but so little actually delivered.
I still believe them walking away from the 420 Inc acquisition was a mistake, if their tech is not good enough to take the time and money to exploit to their own advantage then it does not do much to encourage others to take up their tech.
RGI Price at posting:
1.9¢ Sentiment: None Disclosure: Held
