Home Bistro Inc (HBISD)

[rstar]

that's right- they are splitting their own shares too and new control block shares issued will be restricted and then subject to affiliate leak out rules.

10m market cap may very well prove to be wildly undervalued for best rated gourmet home meal delivery

despite penny players aversion to rs because they have ptsd from toxic cos doing them to just start the dilution over again, rather than like here where the intention is likely to uplist asap.

I’m reading things a little different then what I’m seeing here now:

Bistro shareholders get 80% of $GRTD
$GRTD shareholders get 20% of Bistro

Currently $GRTD has about 20m o/s (per OTCMarkets website)
Means Bistro gets 80m shares

O/s would be 100m - market cap at .10 pps = $10m

After r/s the o/s will 3.1m -

If pps is .10 @ time of r/s - pps will be open @ $3.2 - market cap will be $10m

Undervalued currently if I’m reading things correctly- butt I was wrong that one time back in ‘07 - so be carful making any decisions based on how I am understanding the 8k
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