Hi Orion,
The theory is that if you have 1000 shares at $1 pre consol and there is a 10:1 consol, you then have 100 shares at $10. which is what happened, but with either the POO crash or the Lanstead funding, the price also fell catastrophically from the post consol price to the pre price (it may well have happened both times, but I have purged my memory).
Thus the price fell from 8c post consol to .8c now. Mr market in action, not the dirs is my recollection of how it unfolded.
My commiserations, many of us are in the inverse 10 bagger (turned a $ into a dime) league here.
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