10-1 would create a bad perception that management do not care about holders.
Gridcomm is not a sure thing. Look at ZYB as example
At 10 cents the stock will become very illiquid and big funds will likely stay away as it's hard to exit a stock that has little liquidity. Liquidity is a thing
Punters may also stay away and if the sp starts dropping after the RTO to 8 cents or so then people have no safety net. Especially given the bad perception of management
I don't think many are in profit here. The stock has been churning around 2 cents for months on end. Most will be at a loss at 1 cent, then consolidate, then there is further risk that Gridcomm does not pan out.
Risk to reward doesn't stack up with a 10-1 consolidation, imo (I edit that to mean for most current holders. Buying at 1 cent for those on the sideline is fine. If it drops to 1 cent the volume there will be interesting)
