What it meansWhat this news means is that anyone who sells out the BVG before year-end for tax losses will also lose out on their Bravada shares.
Folks have to tax loss sell by the 31st. But the BVG record date for the spin-out bonus Bravada shares is the 31st.
If you don't own the shares on that date--you don't get the Bravada shares.
Bravo has great assets in Nevada with excellent discovery potential and also pile of large functioning mines nearby. These will go into Bravada.
In other words, anyone who sells now is either ignorant of this, or just plain nuts.