Post by
SPRITER on Feb 23, 2018 10:14am
2 for 1 stock split
I may be reading the announcement wrong but I think it is simply a 2 for 1 split: if you have 1000 shares on record date you will be given another 1000 shares and the price will be half. No other shares are to be issued. GBT is also investing $2 million in MEvU a product of Descent. GBT will invest $300K in Descent and will own 30%. No shares are to be issued to BLOC investors.
Comment by
locoocho on Feb 23, 2018 10:44am
Yes that rights for the split, question at hand was about the spin off mining division