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Friday, December 01, 2017 10:02:02 AM
There's no clarification as to the spin-off ratio on purpose... due to the enormous number of outstanding shares here, there's no way in heck they're issuing 1:1 considering the bloated OS here, and there's an existing share structure in the pubco that would would have to be taken into account. They're not doing this just to have another ticker with a diluted outstanding count...it's not logical!
More than likely fractional -- maybe somewhere around 1:100-200 -- for every 100-200 VPOR share you'll be issued 1 share in the new pubco.
If folks bought shares here because of Simple Cork then they'll be shorted, but for those that bought because of Total Vapor/Marijuana segment, then you get to keep your shares and get some free shares of the spin-off. Not a bad deal!
If we survive the impending dilution (I don't believe it's fully in motion yet) then it might just work out for everyone -- except of course those that feel they're getting short changed because of Simple Cork.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=136509275
.......CB
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