GREY:ARDWF - Post by User
Post by
FloatsnJetson Oct 28, 2016 1:08pm
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Post# 25398963
Pay to play.. read it again
Pay to play.. read it again "new subsidiary conduct a proposed new financing by way of a rights offering" , "will allow all the existing shareholders the same and equal rights to participate in a new publicly traded entity"
The clone will take advantage of the listing and become a shell for the new business. If you are a shareholder, you will be given the right to participate in the first round of financing for the new company based on your current shareholdings likely 1:1. So you will have to pump more quarters into the machine if you want to go around again.
If this were to come back in its current form, pigs would fly....