Hop-On Inc (HPNN)

[Arthur]

I think PM discovered that Colorado companies applying for pot licenses must show that their books are audited.

So, he has come up with the brillant idea to audit Re-Medical Colorado alone. Re-Medical Colorado is an empty shell created one month ago.

At the same time, he speaks of "spinning off" Re-Medical.
This makes very little sense. How is Hop-On supposed to retain ownership (the only way to retain the hypothetical future profits, while "spinning it off" at the same time ?

Will Colorado be satisfied with a audit of a subsidiary, while the parent company's books remain closed ??