How do you take a publicly traded company and do an IPO? It seems that if GRPS is turning into XYZ Hemp, it will be absorbed on a value basis. With a billion shares outstanding, a share reduction would have to take place in order to obtain shares in the new company. So there will be no reverse split on a value given to what you own, which could be half of what you now have or let's say 10%. So a value would have to be put on the shares you own to become a piece of a newly formed public company. So, when your value is close reaches a certain level, GRPS would only be a per centage of the value of the new company. Chance are it will be worth less than 70% of what it is now, just because of the number of shares outstanding.
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