"It would take a 1-25 consolidation to get the price up to $1.25/sh. even without the consolidation negative effect. That would mean 48 million shares at the new price to reach $60 million. 25 times 48 million would again mean 1.2 billion shares at today's price."

I said a 1-20 Reverse split, not  1-10. But I'll take your numbers.

With 1-25 RS, the approx 300M outstanding shares = 300M/ 25 = 12 million

At 6 cents per share X 25 = $1.50/share for the new share offering.

To get $60M / 1.50 = 40 million new shares.

Total share after new offering = 12 M + 40 M = 52 M

Koo