Logiq Inc (LGIQ)

[Diamondjim61]

Quite the spin on the spin off....

I sure hope this is something else you made up and not something Brent told you.

Listen closely....

Brent sold a short squeeze to large shareholders back in May of 2018 using the AtoZ paper share spin off as a selling point. This I know for a fact. He lied. He reneged, whatever. He sold all investors down the river.

Please tell me what accounting purpose a paper share spin off is for? Why is no one else doing it if it was accounting purposes?

C'mon MD throw us a bone. Enlighten us.

The most important part of the spinoff exercise was it is only for an area of our market in SEA compromising approximately 5% of ATOZPAY future revenues. Weylandtechinc owns world wide rights to ATOZPAY for the other 95% of the world as CEO Suen explained on the past two conference calls. The dividend holders are entitled to a portion of the sale of ATOZPAY IF IT IS SOLD for ONLY that small region of SEA.

I have researched the valuation of what the shareholders of record may receive if this small 5% portion of the company Ewallet business is sold..... I was told about .80c-2$/share IF EVER SOLD.

It was ONLY 5% of 1/4 of what Weylandtechinc does it has nothing to do with PaaS CreatAPP ATOZGO or Ewallet Indostat paymaster platform or ATOZPAY for 95%of the market....

The entire exercise of the spinoff was for accounting purposes it’s done.....