I keep hearing 1 for 1 spin off divies. Has this been confirmed? The other thing to look at is if the spin off would be in free trading shares or restricted shares. If restricted, it's highly possible that we would not be able to trade them for 2 years. If most of the company's value is placed in the spin off, I would then be very leery.
I've only been in IBCX since late November and am not as familiar with it as many of you, so I'm asking the questions. From reading the board it has been mentioned that Ed has changed, I hope so but because of his past and past associates, I do tend to look for the kink in the deal.
Replacing our free trading shares with restricted shares in a new spin off would be one way. Please don't attack me. I'm just looking for some calrification from those of you who have more knowledge on this company.
Thank You
Wally
News 
Market Data 
Discover 
