RE:RE:Date for spin off..So if you own 100,000 shares you get 5,000 in the new company.
What's difficult to ascertain is what is the value of the spin-off company currently within the $.385 share price? Is it currently or has it ever contributed cash flow or profits to DM?
Will the removal cause the share price of DM to significantly alter?
What will be the set price of the new shares?
Does the newly proposed spin-off already have financing lined up, contracts in place and potential contracts in the cue?
Will DM retain a portion of the new company?
Will any of the staff/talent be stolen or beamed sideways to the new spin=off.?
What assets will the new company have day one?
Who is the CEO, CFO, and sales manager?
Once spun -off can it finance itself or go to the market?
Is there a contingency or an obligation where DM can come to the rescue should the spin-off flounder or vice-versa?
I've seen a number of these and typically they might continue to exist but seldom excel in their category.