Wednesday, May 24, 2023 1:10:21 PM
The spin off will leave PVSP shareholders with 80% Equity vs current 13% which a mega gain. The other 20% will be used for future funding ventures and are held by the original Artizen owners.
All current shareholders will of course receive the same % ownership in the NEW Artizen Stock, that they have in the current PVSP stock. If you own 1% of PVSP then you will get 1% ownership in the New Artizen spin off. The new company will only have 100m shares outstanding and PVSP shareholders will get 15% of the new company or 150M shares that will be divided based on your current ownership in PVSP.
PVSP will emerge from the spin off with All or most Debt eliminated, thanks to the recent Debt Conversions.
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