at any rate we will have financials etc before that happens so everybody can decide for themselves-w cwrn underpriced and a lot larger investment pool it should rise substantially w release of financials etc
below a company explains its reasons for a r/s of a stock that is ca 2c pps -same reasons i've given- this is NOT from CWRN or about cwrn stock- just an example :
PR from another company re its r/s:
"the Company believes that a share consolidation could provide significant benefits to ..... and its shareholders. This proposed change in corporate structure may open the door to a large base of potential new investors and provide the necessary pricing and capital structure to attract potential acquisitions, institutional sponsorship and may allow for an eventual listing on a higher exchange. This action will have no impact on the company's value or future cash flow.
While there are no guarantees, there may be important benefits that the proposed consolidation could provide, including:
-- A higher post consolidation price per share could make .... eligible for investments by a significant base of potential new investors that who otherwise could not invest below a minimum per share value.
-- A larger investor pool may also result in a possible increase in trading volume.
-- A higher post consolidation price per share could also improve the company's ability to pursue a dual listing on a major exchange and finance in the market, if warranted in the future.
-- An increase in the share price in absolute dollar terms may improve the market perception of .... stock.
-- The proposed consolidation could also align the company's number of outstanding shares relative to its peers."
