Pyrogenesis Canada Inc T.PYR

King Scorpion,

[Snowdrift]

what you posted at 12:25 pm was just great !!!  It gets better all the time.

But could you please answer what I asked you in my 12:23 pm post.

Thanks.

Snowdrif

[amillionorbust]

  Snowdrift. Accountants comb the books and come to an agreed upon valuation of the spin off. Then they decide upon a float (number of shares issued; probably something easily divided by the float of the current parent company) and divide it by their valuation. Then depending on how many shares of pyr you have you get your little cut of the new entity. It does not affect your current

[Snowdrift]

[Snowdrift]

Thanks so much for providing this answer.  And boy, is it ever fantastic !!!!!!   I'm having a nice glass of Barolo wine this evening, in anticipation of the Additives spinoff. Zippadee doo dah, zippadee ay .....

[Aarman4]

Take a look at what I wrote in the other thread, but it must definitely effects your other PYR holding...... A PYR spinoff is definitely likely great, but your PYR shares will go down in value immediately by the value of the spun company......... BASICALLY: PYR before spin = PYR+Spinoff after the spin.......... So if the market cap of PYR was a billion, then the market cap of PYR and its spin

[kingscorpion]

So why are u asking me to explain when you already did it well enough Try not playing a 5 year old game with me and sometimes I would not put the right answer there just to see who knows what

[Snowdrift]

I beg your pardon????!!!!  I waited for your answer, but Aarman stepped in and answered for you.  So I thanked him.  I really did NOT know anything about spinouts.  And no way was I checking to see how knowledgeable YOU were. Chill out, for God's sake.