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Bullboard - Stock Discussion Forum Marvel Discovery Corp V.MARV

Alternate Symbol(s):  MARVF

Marvel Discovery Corp. is a Canada-based emerging resource company. The Company is exploring its extensive property positions in Newfoundland (Slip, Gander North, Gander South, Victoria Lake, Baie Verte, and Hope Brook-gold (Au) prospects); Atikokan, Ontario (BlackFly-Au Prospect); Elliot Lake, Ontario (East Bull-nickel-copper-platinum group element (Ni-Cu-PGE) Prospect); Quebec (Duhamel-nickel... see more

TSXV:MARV - Post Discussion

Marvel Discovery Corp > Question re Power One Shares
View:
Post by RichBich on Apr 05, 2021 10:21pm

Question re Power One Shares

By what date do you have to own MARV shares in order to be eligible for the spin off Power One shares?????
Not pleased with the 5 for 1 split.  Suffered 3 years in IMT waiting for Pecors drilling and now here I am in the soup again.  Thought things would be better with new management.  Must be a slow learner.  GLTA
Comment by Alaska74 on Apr 06, 2021 10:26am
You have a vote. Vote against the spin out.
Comment by MrDales62 on Apr 06, 2021 2:05pm
Yes, you are a slow learner.  This is NOT A SPLIT. This is a spin out of a new company. You will get 1 share of the new company for every share you own of Marvel. Marvel is not issuing any Marvel shares, you will receive shares in the new company. The share count in Marvel does not change. Marvel will keep about 20% of the shares in the newly created company and be able to ride the upward ...more  
Comment by Slotracker11 on Apr 06, 2021 2:16pm
1-5 not 1-1
Comment by MrDales62 on Apr 07, 2021 9:05am
OOPS, my bad. You get 1 shares of the new company for every 5 shares of Marvel you own. Too excited when I was typing yesterday. VOTING HELL YES !!!!!!!!!!!!!!!!!!!
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