Has anyone addressed the fact that the spinoff will decrease the price of current FWDG shares? It should be a wash. Urvape is within FWDG, so a spinoff would remove Urvape value from FWDG and subsequently lower FWDG. At best it will get some new eyes on the stock, but it will not create a windfall for investors as some speculate it will. Market value estimates are just that, estimates. Until there is a new value in Urvape as a stand alone company, there is no additional present value. Plus until the spinoff is finalized you will have new shares with no value to them. Cannot mark to market something that has not been created yet.