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Wednesday, November 29, 2017 10:19:22 AM
I only took a brief look at that PR so I have to take a closer look at details, but it probably has something to do with SF Holdings. Like I've mentioned multiple times... Dror has a bag of tricks and he won't venture too far from what he knows he can get away with.
He probably bought a shell that he's incorporating SF with a S-1. There's a lot of lessons to be learned from his past tickers.
I also wouldn't count on a 1:1 share exchange. By the time this is said and done there will likely be 6 billion in outstanding here and no way in hell is he blowing up the other ticker by distributing equal shares, unless of course he does a RS here before the ex-date.
Last time he pulled this chip out of his bag it was 200:1 spin-off...depending on the existing structure in the other ticker I'd say 200 share distribution would provide a manageable count in the new ticker. He has to leave enough room to blow it up the way he did here...280 million to 5 billion in 3 years. SMFH
Let's not forget the new ticker has been well front loaded by both of them and their friends and family for however many months this has been in the works.
Having said that, it's a great opportunity for folks to make up losses and know when to get in and out -- keeping in mind that this ticker is still being diluted and will undoubtedly be reverse split at some point to bring the share structure back to a manageable level...rinse and repeat.
So, let's put all that aside and pump this biatch and get the f*ck out!!!!!
![big smile](/images/emoticon04.gif)
.......CB
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