SpincoAre these two spin outs working as anti-dilutive capital raises? I still have 10000 shares from the first one that have yet to be assigned a value. Since I initially invested here a year ago they’ve raised their share count and promised a license soon, I am hoping they are not burning lots of needed cash while we wait. I am wondering if anyone one else has the answers to these questions:
why the is the license delayed?
what kind of cash do we have on hand?
when the spinco’s start free trading what are the implications on pufs float?