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notanindex:
There are real world examples where firms, large multi-billion $ mkt cap firms, that have used spin-offs to create value where the street is not valuing the whole correctly.
Not creating 60MM where there was 12 MM the day before, that Im aware of. Maybe you can come up with some real life examples of spinoffs mulitplying value by 5 times overnight to make your point.
Just for fun7:
Thank you. It's always nice to be shown a little appreciation
rsadey
They did not need a spinoff to value this correctly. They need to publish some numbers. To use that as a reason is foolish. They need an o/s count and the sales. They need to file.
BINGO! you understand prefectly IMO
allmanchase:
That's the real answer. I'm glad they're doing whatever is necessary to get SOME kind of numbers out here for the investing public. Don't care what the company name is, don't care about the speculated pps-
agree 100% with this sentiment as well. SHOW ME PROOF. Stop talking around the subject and talk about what counts
B2B
There is a very sound rationale for the spin off, IMO
Disagree. Won't go into it at length. We've not the time. Short story is that it would be sufficient to release unaudited numbers, along with an explanation of the problem, and the estimated time to completion of the audited financials, along with a detailed account of where business is, what growth rate is, transfer agent information. Spinning off part of a 12MM company is unorthodox, at best.
peeker:
BBB and Dr. Bill, please take your personal issues offline. Too much trash talk here on this board. It's unfortunate that one has to read thru so many lengthy treatises just to find a small acorn of value.
No, I agree, and I agree.
I apologize sincerely, and I'm done.
Best of luck to all.
GFCI TO THE MOON!
