Yes. An S-1/F-1 spin-off or distribution is hardly ever cancelled unless there is a big obstacle. But they will usually find it before it is filed, as they did last year with the tax issue.
The bloody thing costs too much money in lawyer fees etc. for it to be a fake. You can show it to any investor and suddenly they will be interested. And it will show the true value of the TRW shares at $3.40.
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