I am a large holder and every one of the scenarios being tabled would suit me fine however...... I've been screwed in the past and it goes like this:
800 million shares, boaord recommends 100 to 1 consolidation.
8 million shares, board recommends new share sale of 500 million shares at say $1 each.
Company has capital, bond holder supply and get control.
Existing shareholders end up with 1.57% of capital!!!
I know it's depressing but whats to stop them?
Genuine question from worried holder
Ps sentiment is hold as suspended for now.
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