I think it is a little earily to consolidate the shares, and consolidating the wts is very bad.... I have been in that scenario several times... They never get in the money as the amount of wts gets consolidated and the price gets multiplied.

One example is Zimtu.... I was in a placement with wts @ .24 The shares were consolidated shortly after that.... Now the float is so small there is no trading of the stock, and the wts are far out of reach and of minimum amount.. If they drop the price on the wt it will generate an insignificant amount of cash... This is an example of a very poor consolidation.

If you want one even worse look at Leategra... they consolidated 10 for 1, 3 times in the past decade.... True bonheads and pump and dumpers. On each consolidation managment took control of the float,via buying almost the whole placement, then they ran the stock up and dumped their paper.

IE 100,000 wts @.20 becomes 10,000 wts @ $2.00 on a 10 for 1 consolidation.

This is the kiss of death of instilling investor confidence.... This is why having Managment holding paper is of major importance... Then they are on the same page of driving shareholder value as investors are.

I would rather have the company amalgamated with SKP than see a share connsolidation ....JMHO