Makes more sense to Consolidate after we get a Phase 2/3 registered trial happening ie
marketable product or a licensing deal of sorts.
Round figures, Consolidate 8B shares into 800M Shares, we go from 3.3 cents to 33 cents and without further real progress on a deal, we will be at 20 cents? 15 cents? 10 cents before we know it.
Consolidations end badly for existing holder most of the time. Consolidations need to occur after news that supports the SP levels. No news, SP just drifts lower again.
Holding % stays the same after consolidation so market movers can still sell small amounts into the sell at end of day to close SP in the red.
If I have .001% of the company now, I still have .001% after consolidation
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)