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Friday, October 27, 2023 11:47:48 AM
KEEP in mind, the more BDPT shares you own, the more free shares you will receive. Please plan accordingly."
Your reasoning and that of Powerbattles is based on a fallacy. In this type of spin-off you don't pay anything for the shares you receive. The point is that these shares are no longer owned by the company that has spun them off. There is no new value created. This is therefore reflected in the reduced value of the shares of the company that has done the spin off. The shareholders of that company have therefore no gain. For this reason it does not matter much if the shareholders in BDPT receive shares in a spin-off or not.
Recent BDPT News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/22/2024 10:00:41 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/17/2024 08:10:09 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:17:46 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 09:06:28 PM
- Form 1-A - Offering Statement [Regulation A] • Edgar (US Regulatory) • 10/11/2023 07:59:24 PM
- Form 1-Z - • Edgar (US Regulatory) • 08/24/2023 06:40:10 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 08:16:40 PM
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