I sold @ .001 as i could not see the value in holding. (big...

I sold @ .001 as i could not see the value in holding. (big loss)
Here is my reasoning for what it is worth.

The shares issued at $.0003 are being effectively issued at $.009 post consolidation. (.0003 x 30)

that is one indication that opening price should be about/less than 1c

The 7.2b shares at 30:1 turn into 240m shares post consolidation.
therefore cash backing post consolidation will be will be $.00625

Thats a 2nd indication that shares will open at about/less than 1c.

and 3rd i get a sense from the MD performance shares that 2c will be a stretch

For me to hold i would need the re-opening price to be 3c.

So , I sold on Friday.