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Bullboard - Stock Discussion Forum Global Gaming Technologies Corp BLKCF

Global Gaming Technologies Corp. is a Canada-based gaming industry investment holding company. The Company provides investment exposure to digital interactive entertainment in emerging technologies, such as augmented reality, virtual reality and artificial intelligence, in addition to e-sports and traditional games platforms, such as mobile and console.

GREY:BLKCF - Post Discussion

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Post by beauti1 on Mar 06, 2018 1:39pm

Just Wondering

I am just wondering, what is the real reason behind this stock split and spinout, how des it benefit the company? New investors? More people buying shares?.......Don't get me wrong I am not complaning to extra shares, and am grateful that it was not a reverse split !!! But I just can't understand company's motives behind this move at this time. Comments are welcome.
Comment by LumpyColburn on Mar 06, 2018 1:55pm
  Ractionale for Stock Split and Spinout: Shidan Gouran, President of BLOC stated, "Global Blockchain reviewed its activities and identified that it was not achieving, in its view, sufficient "pure play" market value for its different and unique businesses, each housed within BLOC.  Most notably and distinctly, these verticals are: 1) The investment in or ...more  
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