Spinning Off Ronin ??? This Ronin "spin off" PR is very vague to say the least. Are they implying that Ronin will be independent, and funds will be raised via an IPO? If so, how do the current shareholders benefit?
We own Ronin already. I don't have the funds available to re-purchase something I already own. Could they possibly issue stock options to shareholders of record as of a specific date?
I hope they offer some form of a clarifying statement soon. This Press Release is a mess.