Hi, its a complex question. For me personally (and I would argue...

Hi, its a complex question.

For me personally (and I would argue objectively) I dont care about the share count be it 1 billion or 1 trillion or a google or whatever, I only do care about market cap, share price and the process/risk of dilution through cap raises (which reduces value per share).

However, from a marketing/communication/image/subjective point of view, big institutions and the general public tend to avoid penny stocks and companies with huge registers. That is why it is preferable for BSM to do a consolidation of shares in the future but not now (after conversion of 2.5c options by 31 december 2018). For exmaple if we achieve 10c per shares by end of 2018 (more than a 3 bagger from current levels) a 10 to 1 consolidation of shares would provide us with a share price of 1$ per share. That is much more attractive for big institutions and the general puiblic than a 10c share price. It may help attract more investors and money oin the open market and thus increase demand and share price over time.

Hope that helped,