I received no response to a question I posted a little while back. Here it is one more time. Perhaps someone with more knowledge can share their opinion as I am having trouble finding documentation that describes the exact hypothetical situation.

Is it possible to delist a company from the Venture, consolidate, and then relist that company on another exchange? Also, if a company delisted from the venture, would that forfit the requirement to have shareholder approval for a consolidation IF it it was at the time required while listed on the venture? Just curious as I'm trying to expand my knowledge of the markets. I am of the impression that after delisting shares would still be held, as I have a friend invested in a company that is not listed on an exchange and he does in fact hold shares.