Therapeutic Solutions International Inc (TSOI)

[BigBadWolf]

@TradersTrader 9:48 AM $TSOI Meet the team 👇💪🤓
Timothy Dixon – President, CEO, & Chairman, launched (8) subs

What is the difference between a subsidiary and a spin-off?
A spin-off distributes shares of the new subsidiary to existing shareholders. A split-off offers shares in the new subsidiary to shareholders but they have to choose between the subsidiary and the parent company.

In a "spin-off," a parent company distributes shares of a subsidiary to the parent company's shareholders so that the subsidiary becomes a separate, independent company. The shares are usually distributed on a pro rata basis

A corporate spin-off is an operational strategy used by a company to create a new business subsidiary from its parent company. A spin-off occurs when a parent corporation separates part of its business operations into a second publicly traded entity and distributes shares of the new entity to its current shareholders.