RE:RE:RE:RE:The news is a spinoff company has been formed with ScreenProTorlifTostorson wrote: I don't think there will be any shares going to DM shareholders @bohemian. They didn't do it with Ronin. They didn't do it with GBLC. And also if they would give Screen Pro shares to current DM shareholders, it will only go to shareholders with namely registered shares. I bought my shares at the open market. So me would be out. Also I will be only 31,000,000 shares and it will only be a private placement (by that leaked presentation, some days ago). I wish it would be like you said! But I think it won't be. What would make me, as a long angry.
GLTA
Torlif
bohemian62 wrote: Yes you are wrong !! And spinoff will move the stock up because the owner of DM stock will own shares in the new company (eg ScreenPro) provided he ends up holding those shares till the date as announced by DM management ! Example ---- I owe 100000 shares of DM stock . DM annonces a spinoff that will give every DM share holder 1:1 in the newly formed company owning DM stock on the exact date of Sept. 24/2020 . So now I owe 100000 shares in the new company along with my 100000 shares in DM .Now you tell me what is wrong with that !!
If that was to happen (I believe it won't) , would your shares and proscreen value be cut in half at .065 each share? Doesn't make sense to me , I guess I'll research it more.