RE:Opinion on todays news release fsd Pharma spinoff Hmmmmm I'm a little confused not gonna lie. This is above my pay grade. I'm also a little intrigued. How can they create a company of zero value and allot matching shares to your original FSD shares without eventually getting rid of one or the other. The "PUBCO" company would have zero capital or value. Does that mean we get "1000" shares at zero value and keep FSD shares (at almost zero value lol) and if both companies grow we have the potential to also sell PUBCO as it grows? Assuming it grows of course? Do one set of shares get taken from us during the transaction or eventually? I supported this sink hole since September 2018 and i would be very mad if I have to chose between the newest scam and the old scam, since my money funded both scams for 5+ years. There is never a bonus like hey here is 1000 shares for free and now you own shares in two companies ... Enjoy. There has to be something I'm missing. Graham perhaps wants to chime in? I hold a considerable amount of shares (for a class B loser ) . Is this like a reverse split where they split FSD shares and then give me half of what i already own with almost zero chance of every recovering? That's the only way I can see this happening. If the RS FSD and take the new half and put it towards PUBCO . Which means even less chance of ever recovering even half. But all this would make sense for the share repurchase program and the purchases by insider shareholders to falsy innflate the value. To make a RS look less painful , call it a second company and use company funds to increase value then split into two entities and oh wow I'm so lucky I won a second sinking ship. Then bankrupt the one entity and watch the second dwindle to nothing while I sit on two RS.
Please fill me in on these options. As i stated this is above my pay grade so I'm only assuming with some logic.