Therapeutic Solutions International Inc (TSOI)

[BigBadWolf]

SEC verifiable information...regarding Dividends, Spinoffs & Subs

Publicly traded companies listed on a stock exchange need transfer agents to maintain records of shareholder accounts, calculate and distribute dividends, and keep investors up to date with what's going on.

A subsidiary (sub) is a business entity or corporation that is fully owned or partially controlled by another company, termed as the parent, or holding, company. Ownership is determined by the percentage of shares held by the parent company, and that ownership stake must be at least 51%.

A spinoff is an independent company created when a parent company issues shares in an existing business or division to parent company shareholders. A parent company may form a spinoff when it projects that a new, independent entity will be worth more than it was as part of the company.

When you hold securities in street name through a broker-dealer, your broker-dealer will send you, at least quarterly, an account statement that lists all your securities held by the broker-dealer. Your broker-dealer will also credit your account with any associated dividend and interest payments and will provide you with consolidated tax information. Your broker-dealer will also ensure you are sent issuer communications, such as annual reports (except in certain circumstances where the issuer might send the annual report directly to you) and proxy materials related to stockholder meetings.

https://www.sec.gov/about/reports-publications/investor-publications/holding-your-securities-get-the-facts

What are the duties of a transfer agent?
Transfer agents record changes of ownership, maintain the issuer's security holder records, cancel and issue certificates, and distribute dividends.

In a pure spin-off, a company distributes 100% of its ownership interest in a unit as a stock dividend to existing shareholders. It's a tax-free method of divestiture that usually helps both the parent and unit achieve better results as separate and more highly-valued entities

How does a spinoff dividend work?
In a spin-off, the parent company (ParentCo) distributes to its existing shareholders new shares in a subsidiary, thereby creating a separate legal entity with its own management team and board of directors. Aug 9, 2023

Dividends typically are credited to a brokerage account or paid in the form of a dividend check. The dividend check is mailed to stockholders but can be direct-deposited to a shareholder's account of choice, if preferred. The alternative to cash dividends is additional shares of stock.