Just some assorted thoughts on the potential for US listing and a share consolidation.

Firstly the Nasdaq would obviously be the ideal exchange in my opinon, and if a US listing happens I consider it the most likely destination....but I won't completely dismiss the possibility of a listing on the Amex Exchange.

Its not called the Amex anymore, except by everyone who's been trading/investing for the past...oh 20 years or more.  Its now known as the NYSE MKT after the NYSE acquired it a few years back....which I always considered to cumbersome.  Hence why most still stick with calling it the AMEX. 

Here are the listing requirements for this exchange, whatever you choose to call it:

http://venturelawcorp.com/nyse-mkt-listing-requirements/

As to a possible reverse split, and the ratio that could be used....I think I ruffled some feathers with my musing that a ratio of between 5 and 10 for one is what we're most likely looking at imo.

The reason for that range is that I consider a PPS of $10 USD to be the target price....At $2 USD a 1:5 ratio would get us to my magice number of $10.  

Anything below $5 is considered a penny stock by most institutions....and there are many funds and insitutions out there that will not invest in companies trading below $5. Then there's the fact that reverse splits often attract short selling because consolidations are often viewed as a sign of weakness. 

In my opinion targetting $10 USD makes the most sense....and then any proposed share offering, if they could get a firm to underwrite an offering at $10 USD would mean less dilution than at an offering price of just $5 or $6

In any event we've got over a month of trading before the matter is voted on, and I will be voting yes....and then that would give them 12 months to work out the details and try to time it taking market conditions into consideration.