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Re: INTHEKNOW1 post# 19504

Friday, 10/27/2023 11:47:48 AM

Friday, October 27, 2023 11:47:48 AM

Post# of 21184
INTHEKNOW "Spin off situations are a WIN WIN deal! I encourage you to take full advantage of this rare opportunity.
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.
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