So I am guessing that it is cheaper to drag a failed publicly...

So I am guessing that it is cheaper to drag a failed publicly listed company out of the sewer that it is to list a new one? I personally can't see any other reason for this reverse take over.

Anyway all it can mean for the LONG suffering share holders is bad news, why would they be doing anything good for us? I mean they owe us nothing, unlike the previous mismanagement team who owe us the world.

A 350 to 1 consolidation, the original share holding that holders had in the thousands will be in the tens when the other consolidations are taken into account.

I say kill it and put it out of our misery.