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Edward

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Edward

Re: Tacostocks post# 634

Wednesday, 11/08/2023 12:01:38 PM

Wednesday, November 08, 2023 12:01:38 PM

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The shareholders will receive shares in the new company(see below).



"As previously announced, the Company is in the process of formulating a plan of distribution of a portion of the shares of Citius Oncology to its shareholders."


The wording is in the paragraph labeled(see link below) :

"CITIUS PHARMA AND TENX COMMENTS"

LINK:
citiuspharma.com/investors/...


Also, if CTXR owns 90% of the stock of the new company means they will pick up an unrealized gain if the price of the new company goes up since CTXR will carry the 90% as an investment and adjust the value to reflect the price also benefiting the stock price of CTXR and the stockholders will benefit also.

It's a win win.
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