Replies to post #2762 on 5BARz International Inc. (fka BARZ)

[roguewave5]

You are correct Sir, now in one of my accounts I see some Cubera shares, cusip ending with 3105. The other account doesn’t display the cusip number but there is a new 5barz holding saying ‘XXX SUBMITTED FOR SPINOFF’, with a recent Corp Action transaction as of 01/29/2020.

[roguewave5]

From your post #2737:

“I'm pulling for them, Let's hope they raise the money and then we can be Nasdaq bound and stronger with no dilution. 12X your money investing in the data business, where else are you going to find that. “

I think this is what Cubera is. It’s a Spin off Company and these are additional Shares in that spinoff company proportional to your shares in the parent company, not a swap.

https://eur02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.investopedia.com%2Fask%2Fanswers%2F032415%2Fhow-do-spinoffs-impact-investors-both-parent-and-subsidiary-companies.asp&data=02%7C01%7C%7C84f19165a6e8489fb1ba08d7c6300f8d%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C637195782024814402&sdata=gp3e2cWBPINJxsQ4USc23qfU4VZJQ%2F4f6vh0GPVtv00%3D&reserved=0