"The Board of Directors intends to consolidate shares only in connection with the additional listing and to do so only when the timing is appropriate, both internally and when market conditions allow."

Ok so analysing this statment from TM.  It certainly appears they do intend to use the RS at some point.  I had thought that they would only use it if necessary, perhaps very naievely!!  No mentiopn of executing 'if' necessary.

 “The purpose of seeking authorization from the shareholders for a consolidation is both to enable an additional listing on the NASDAQ Capital Market and to offer a combination of share price and total shares outstanding that meets or exceeds the minimum requirements of some of the larger institutional investors in the United States and Canada"

So it also seems that these investement institution will only play ball if we have a smaller float.  I would love to know what that level is. Perhaps below 100mil??  Any thoughts or insights?