Replies to post #51538 on Logiq Inc (LGIQ)

[Diamondjim61]

Quite the spin on the spin off....

I sure hope this is something else you made up and not something Brent told you.

Listen closely....

Brent sold a short squeeze to large shareholders back in May of 2018 using the AtoZ paper share spin off as a selling point. This I know for a fact. He lied. He reneged, whatever. He sold all investors down the river.

Please tell me what accounting purpose a paper share spin off is for? Why is no one else doing it if it was accounting purposes?

C'mon MD throw us a bone. Enlighten us.

The most important part of the spinoff exercise was it is only for an area of our market in SEA compromising approximately 5% of ATOZPAY future revenues. Weylandtechinc owns world wide rights to ATOZPAY for the other 95% of the world as CEO Suen explained on the past two conference calls. The dividend holders are entitled to a portion of the sale of ATOZPAY IF IT IS SOLD for ONLY that small region of SEA.

I have researched the valuation of what the shareholders of record may receive if this small 5% portion of the company Ewallet business is sold..... I was told about .80c-2$/share IF EVER SOLD.

It was ONLY 5% of 1/4 of what Weylandtechinc does it has nothing to do with PaaS CreatAPP ATOZGO or Ewallet Indostat paymaster platform or ATOZPAY for 95%of the market....

The entire exercise of the spinoff was for accounting purposes it’s done.....

[liarz5]

This sounds about right. The spin off was only for a small region and Weyland kept the rights to to the rest of the world. Why would anyone think a small company could afford to give away a huge percent of itself and still exist is beyond me. Weyland was smart to keep the rights to the rest of the world. Basically AtoZ is still fed by Weyland and AtoZ only does well if Weyland does well.

Whose your Daddy AtoZ?