New plan...(not really convoluted) For anyone that is confused by this simple and standard business acquisition. Allow me to explain it si a five year old child could understand it.
We are buying Zero Carbon Technologies by issuing all Shiftcarbon stock to them, effectively bringing a private comoany public .
Shiftcarbon business will then go private since acquiring funding for that niche is easier in the private sector. I know ....confusing right...phew
The branch of the company that builds and sells its Iot devices and software will get listed.
SHFT shareholders will receive dividend shares in all three entities.
1. Zero Carbon Technologies
2. The Iot new company
3. Shiftcarbon (private)
Pretty simple actually. Not too convoluted unless you find walking and chewing gum at the same time a challenge.