opine on dark side action for spinoffs in OTC land.
Discussing big board terms, on OTC companies is wasted time. And as usual, spinoffs are two completely different animals between real companies and start up companies. Just like any other business action.
Spinoffs at the big boards are to generate increased returns for a highly successful company subsidiary, for both company & investor.
On the OTC spinoffs are to change the story line from how poorly the company is doing executing their business plan. To how investors might make more money by receiving free shares in their spinoff. (They are offering free shares? aren't they?)
The difference; A good company increasing ROI on businesses synergy vs. A company refocusing investor interest. From bad results, to something FREE.
As for AMBS chart, it looks positive. Both TA indicators and pattern wise. So one should hope it remains free trading and no new darkside funding gets involved.
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