There are currently 38,602,297 issued and outstanding common shares, and the share consolidation will result in approximately 3,860,229 issued and outstanding common shares. No fractional shares will be issued upon consolidation of the common shares. If, as a result of the share consolidation, a shareholder becomes entitled to a fractional common share, such fraction will be rounded to the nearest whole common share.
The shares will trade on a postconsolidated basis effective at the opening of trading on Monday, Feb. 4, 2013.
I don't think the share price will be trading at 10 times today's price.... way too tight. It'll be interesting to see what price they will attempt to do a financing / PP.
They're going to need a ton of help raising capital with this resume'. IMO