FutureWorld Corp (FWDG)

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Let the confusion begin! Nov. 20, 2014 (GLOBE NEWSWIRE) -- FutureWorld Corp. (OTCQB; FWDG), a leading provider of advanced technologies and solutions to the global cannabis industry, announces today that it is depositing 20,000,000 shares of common stock of CB Scientific, Inc. ("CB Scientific") with a trust formed for the benefit of holders of FutureWorld' common stock. CB Scientific (www.cbscientific.com) is a wholly owned subsidiary of FutureWorld based in Denver Colorado. CB Scientific is continuing to develop new technologies specifically for cannabis analytics and has always strived to help patients know exactly what they are buying. CB Scientific believes every product sold to patients as "Medical Quality" should be inspected for health benefits, safety, consistency, purity, potency and packaged properly for distribution.

The 20,000,000 CB Scientific shares initially will be held by an independent trustee, subject to irrevocable instructions to distribute 5,000,000 of those shares to FutureWorld shareholders of record as of January 1, 2015, February 1, 2015, March 1, 2015 and April 1, 2015. The distributions will be made when the CB Scientific shares could be sold by the holders pursuant to an effective registration statement filed with the Securities and Exchange Commission or an exemption from such registration, which currently is targeted to occur in the beginning of 2015.

As part of the above strategy, CB Scientific is planning to file for an initial public offering of its common stock shortly after the company has reached a sales threshold of 20,000 test kits per month. CB Scientific currently is targeting the filing for the beginning of 2015, subject to market and general economic conditions as well as compliance with applicable securities laws. FutureWorld will continue to beneficially own an additional 20,000,000 shares of CB Scientific common stock as a long-term investment.

- See more at: http://globenewswire.com/news-release/2014/11/20/685153/10109338/en/FutureWorld-FWDG-to-Deposit-20-000-000-CB-Scientific-Shares-In-Shareholders-Trust-for-Spin-Off.html#sthash.eFy160KP.dpuf

So does this mean shareholders of record "as of January 1, 2015, February 1, 2015, March 1, 2015 and April 1, 2015" will already be eligible for the shares of this "Spinoff/Sale"?