RE:RE:RE:RE:RE:APPROX 375% Dilution - Let the Dump BeginAbsolutely
BRILLIANT move by Frank Dumas to have ZEU CRYPTO TECH issue it's own shares as a subsidiary company 100% owned by SX.
There will be
ZERO dilution to SX shareholders! In my previous post I detailed how SX would be re-organized into 3 companies; Mother SX with the nickel/Iceland claims, SPINCO #1 with the ECO Mining (lithium extraction tech) and SPINCO #2 ZEU CRYPTO TECH. Today's news clearly indicates this where we are headed folks!
SX Company Re-Organization - Guaranteed!!! January 13, 2018 03:36 pm
Realistically SX has three companies in one. I foresee them spinning out Eco Mining with their potentially disruptive lithium extraction technology into spinco #1. Zeu Block Chain will become spinco #2. The nickel and Iceland mining assets will stay with mother SX. So in all SX share holders are going to end up with shares in 3 companies distributes based on the current outstanding share count. So if you own 25,000 shares of SX, you will also receive 25,000 shares of spinco #1 and 25,000 shares of spinco #2. The next move will be an application to the TSX big board and then a US listing at some point in the future.
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