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Friday, October 27, 2023 12:03:36 PM
I feel compelled to repost your previous statement quote above as it's evident that each step you take in your explanations is misleading to our readers here. Let's avoid hasty insults, as it's clear you could benefit from some clarification regarding the intricacies of the spin-off process.
LiveStock was initially a division of Bioadaptives, Inc. and functioned as a wholly-owned subsidiary. This is where your understanding falters. You seem determined to persuade people by stating, 'LiveStock was an existing division that was spun off as a wholly-owned subsidiary.' However, let me clarify that they are currently in the process of becoming an independent entity. Do you comprehend that yet? As a newly formed, independent entity, the business unit will have its own set of new shares (and ownership claims). As I have explained very clearly in this subject, I encourage you to reread until you fully understand the process of the spun-off.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173104698
The entire procedure SPIN-OFF is still pending and has not been completed.
BioAdaptives, Inc. announced its intention to spin off its Livestock Impact Division as a wholly-owned subsidiary on April 20, 2023. Subsequently, on September 8, 2023, they issued another announcement with further details about the Management and Directors for this spin-off. Then, on September 14, 2023, they announced the appointment of two experts to the Board of Directors, which represents the final pieces coming together for becoming an independent entity.
As of the present date, LiveStock is still on the books of BioAdaptives, Inc. because the Livestock Impact Division was initially a wholly-owned subsidiary. Moreover, in the past, Bruce Colclasure served as the President of BioAdaptives' Livestock Impact Division. They don't have a management team or a board of directors. This is the aspect of your misleading false assertion that you seem to struggle to grasp.
Do you have any notion of how lengthy the process to finalize a spin-off can be? Do you require assistance with that as well?
I must emphasize that your statements of ignorance and falsehoods do not apply to me. I strongly encourage you to conduct thorough research and gain a better understanding of the subject matter, as it is evident that you may struggle to comprehend what you read and possess limited knowledge about publicly traded companies.
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