Good point thats why I say forget the consolidation and do a placement to the existing shareholders. For every share you own you can get one more at .01 cents plus a warrant. While it would at least double the share float I figure it would give CBS enough money to prove out the silver, pay the bills and perhaps get the stock price up a bit over .10 at least.
Long suffering Shareholders can average down and everyone wins. There will be no need for a consolidation after that I figure.
Unless ofcourse the vultures want to make a fair offer right now? I figure the price is probably better with probable silver/gold/rhenium than proven silver/gold/rhenium LOL