Agreed. Wait for an announcement to see exactly what the plan is.
That's why I said it should make for an interesting PR ;)
Dror, will still remain majority shareholder (by my count), but according to state of Florida he has no executive role in day to day operations of the corporate entity.
Subsequently, I don't know if anyone noticed but Simhon and Cohen (Simple Cork patent holder execs) were officially removed from their positions as well -- re-organization of executives seems to be taking place...
Which leads me to believe it could indicate they are preparing the subsidiaries (E.G. and Simple Cork) for the spin-off divy, and are going the route of each sub having an independent management team -- and if that's the case, one of the top level execs would have to be transitioned to the new ticker.
All speculation of course, so let's wait and see what the company has to say about it. IMO, this is a very good move regardless of any subsequent events that could arise from this development. Stay tuned...
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