RE:RE:Answers to questions on AgoraNope. My take is if you own 100k shares of AAO, you get to keep your 100k shares of AAO and you also recieve ~20k share shares of Sensor Tech (valued at $0.50.
BiggieSmall wrote: question on this note as the wording isn't very clear - what do they mean by distribute shares to shareholders:
"AAO shares are not rolled up, AAO at the time of Spin out will Own 50 Million shares of Sensor Tech, and 100% of Marcon International ) AAO will still be trading as usual.
At close AAO will distribute the majority of the Shares to shareholders but retain some shares of Sensor Tech, an amount determined at a later time."
> So if i own 100k shares at time of spin out, and they've determined percentage is 80%, does this mean i get 80k shares of Sensor and retain 20k shares of AAO?