RE:its a Spin Off
I know the difference and understand that the two are not related. One's question was 'would they lose shares' and my reply was only if there was a reverse split, and when we are approaching 100M shares o/s then according to what has become par-for-the-course, I would expect even just some flirting with the idea, from management, or an actual consolidation sometime in the future.
Until companies can get off the ground with some tangible production or sales, they are just pie in the sky printing presses - not knocking it, just stating a fact. I've told Stephen I would love to see the company take some Mirado $$ and buy back some of the shares o/s.
Stephen has told me no when I asked if there would be a split, but that was at that space and time and two months later could be different. That is a question I will be asking at the webinar.