I do not know. It might be less than that, but it could be more than 0.10. Good luck. I have been accumulating for the next spinoff. I understand his strategy now. Very brilliant strategy for OTC. Serious investors will get paid bigly!
Finra approved $0.25, would likely trade down to about $0.15 per share according to Buzzy in the conference call last evening. Still very exciting!
I posted more detail about the conference call last evening; read my posts if you're interested. And it's 1 share for ever 12, not the other way around. Any day now I expect the distribution PR for our LEOF shares and then there will be a 6 month restriction.