Sorry, let me elaborate. Under no circumstances do i believe...

Sorry, let me elaborate. Under no circumstances do i believe Coby is malicious towards investors. It's a text book reasoning given by everyone communicating a desire to consolidate. My wording of smokescreen can be harsh, in a lot of cases this is exactly what happens by company CEO's who's desire to consolidate to bring down the share count, to then attract new investors who may not have properly researched, to which they then increase O/S and dilute more to get paid fat salaries - typically company's who are failing and its their last hail mary to stay listed and meet exchange requirements for more milking of investors.

I don't believe WBT falls into that category. I feel Coby felt it was needed, and long term i have no doubt the decreased outstanding will be a tick for Soph's. But i wouldn't anchor on it now asking where the Sop's are - because by Coby saying it will, i believe he knows it's not exclusive to the consolidation. And that is still a smokescreen to me.