A share consolidation could certainly be used by a company, knowing it may suffer an immanent drop in SP over the short term, to reduce it's share burden and increase financing by offering a PP.  This is obviously not SH friendly as the SH then holds a fraction of their original shares over a falling SP.   Provided that SPQ finds the goods, and it is likely they will based on present finds, a consolidation could be of value as the SP ascends, momentum on the area is strong enough to support the adjusted SP and a JV is necessary for a major entering the play.