A consolidation right now would be a spit in the face to shareholders after we have already been kicked in the guts the last 9 months from both macro market, the 2 already previous capital raises and then BL leaving.
Holders would force the price lower after the consolidation as they have historically been viewed broadly by the market as a negative action from the company. As a way to high previous mis-appropriation of funds with no share price increase and to allow for further dilution of shareholder capital.
Lets hope management dont do this atm as a buy back on market with some saved up cash would be a much better in a few years time. It could even be with another companies cash that has jumped on board for a share of Nal, Moblan etc.
SYA Price at posting:
8.1¢ Sentiment: Buy Disclosure: Held
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