Aurcanna Share Consolidation
So Aurcann wants to consolidate their shares from ~467 million to ~58 million, a one for 8 conversion. If approved on march 28, game on. I can't see why we as shareholders would not wan this to happen. It will reduce dilution, increase shareholder value and brign it out of the penny stock world. Heck Sandstorm did the same thing last year it was favorable for them. The oen downside is the math of the conversion. If after the conversion you have tenths of a share, say good bye to that tenth or so, only whole number here, no rounding. So, I woudl think it wise to make sure as sharholders, our shares evenly divide by 8.
Other than that, this company is doing great and is barely followed. This could be the breakout we've been waiting for that results in AMEX listing, increased trading, better gains:D...and so on. In the end, it had to happen at some point, right?