Yes, I read it incorrectly. I thought I read the 2m shares were...

Yes, I read it incorrectly. I thought I read the 2m shares were at 0.001, but I see it is at 0.01.

NB - this is POST consolidation.

So you have 100 000 shares currently worth $7500, it becomes 50 000 shares@1c which is $500.
Then you stump up $500 to 'double your holding', which will take your holding to $1000.

Then a new project will be inserted for further dilution and possible capital raisings.

I am not going to go into the detail of what a 1% holding will end up controlling. Probably about a 10th of current votes after the doubling up.

Still a huge dilution. The 70m 0.001 shares are a rort, but even the 200m 0.01 shares are 1:1, so current shareholders can only take 23m (post consolidation), leaving the rest for new directors mates.

Regardless of how times this pig gets dressed up, it remains a pig. And pigs are good for roasting.

All I ask is why bother. It hardly seems worth the effort just to run the inevitable pump and dump that we have ALREADY BEEN SUBJECTED TO FOR OVER 1.5 YEARS.