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Re: 1manband post# 62827

Friday, 04/12/2024 3:40:54 PM

Friday, April 12, 2024 3:40:54 PM

Post# of 62874
Why? Simple. Because the assets are transferred into the new company that takes away asset value off the COWI books. Plus, the parent company incurred the development expenses. So the new spin off is in a much stronger position and with a better share structure as well. This is how it works.
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