After the first consoldation of 150/1 , they were to come on at...

After the first consoldation of 150/1 , they were to come on at 15 cents. From memory they did first trade around that . They fell to one tenth of a cent , as people scrambled to get out.
About a year later, they did the next consolidation of 50/1. They were due to come on at 5 cents. They came on at 2 cents and fell to one tenth if a cent.
The company did nothing to support the share price. Over about 3 years , the company did 'under the market' capital raises.
The company had a continual strategy of getting the share price down, so they could issue stock with the share capital base starting around 250 million shares.
The two consolidations , represented a dilution of a factor of 7,500. That is, the company cancelled 7,499 shares of every 7500 it's share holders held .
Some shareholders use the term thieves.
New shareholders, kept on buying thinking the stock was cheap. They reconded, surely it must be undervalued with a 7500 devaluation.
They are still buying it , probably thinking it is still cheap .
Some people just like cheap things & bargains.
Prior to the first consolidation, they had created 34 billion shares. Around 13 billion shares were created over the next 12 months, prior to the second consolidation.
At this exact minute , the company has over 10 million of debt and has just had a market cap of $750,000.
Once again the shareprice can't fall below one tenth of a cent, because it is already at it's lowest market price.

CLZ is at a critical point now, if all these deals don't eventuate. The fact is market sales are very low now.
The market cap is rising as more shares are created via the convertable notes.
Nothing is physically created other than shares & dilution.

That's why the more intelligent among us ask when is the next consolidation ?