Global Gaming Technologies Corp BLKCF

Stock split

[Ripped40]

So is the stock splitting 1 for 2 then, another split 1 for 1 for the mining division?

[MrBigger]

Who knows or cares,just a PO S losing gamble. Lets split the stock while it craters. What a bunch of clowns.

[Ripped40]

Thanks Tip's

[Pezo_Plaka]

Totally strange. Kash split their shares a month ago also when it was like 1.30 or so also. Not sure the motivation in splitting.  Perhaps penny share "status" and increased volume appeals to their demographic (crypto folks), or they believe the future is so bright that shares outstanding will not make a difference. Pezo

[locoocho]

First one yes second, no. The spin off is not a split it is a second tradable company. meaning you will get a share of it if you own BLOC. Honestly this company is going to rocket once the dust settles from the split and spin off.. this is just getting beat down by brokerages at the moment.  Only thing will stop this train is if bitcoin tanks hard but that is not happening any time soon.

[Overdoze1243455]

i am very confused, if I hold 10K . how many shares total will I have after Mard 7 ?  20K or 40K ?  what is the second tradable company ?    are there 2 Blocs  :  global blockchain mining corp   & Global blockchain technologies ? 

[locoocho]

If you hold 10 k shares and lets say the price march 7th is 1.00 just to make it easy then you will own 20k shares but the price of the share will be .50 cents.   And from everything i am reading regarding spin off yes will be an entirely new company. I have no idea wha price it will open trading at as is has not been announced. At least that is how i am taking things. someone knows

[bohemian61]

It will still be one for one of the new company after the split . So for sake of math if you owed 10 thousand shares you  will end up owning 40 thousand shares in both companies . 20 thousand in each .