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Good post Amazed.On the subject of shares on issue.Lets say 3B...

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    03/12/11
    23:09
    Post #: 9387430
    Good post Amazed.

    On the subject of shares on issue.

    Lets say 3B shares @ $0.005 = $15M Market Cap.

    Assuming ECT decides to do a 1 in 20 consolidation, then the number of shares/price/market cap after consolidation will be:

    150m @ $0.10 = $15M Market Cap.

    So which of the 2 is better?

    Obviously it makes no difference at all as the market cap remailns the same. Personally, I prefer NO CONSOLIDATION.
    ESI Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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