Replies to post #73098 on CV Sciences Inc (CVSI)

[Wolf-man jack]

Something the WQLF mentioned in the Past concerning the assets of Cantine and why it now appears that it is the only way to go since some here did not understand why the company wanted to increase the Authorized Shares increase. 80/20. Who would get the 20 percent if the company chooses to hold on to In the division/ subsidiary spin? Untuned, this is the WQLF’s perspective YQU Understand. Have Mercy Wolf Ahooooooo

Dr. Joong J. Fang Said;

https://www.investopedia.com/articles/investing/090715/comparing-spinoffs-splitoffs-and-carveouts.asp

WQLF Says;

“ existent.
A spin-off distributes shares of the new subsidiary to existing shareholders.”

“ Spin-Off
In a spin-off, the parent company distributes shares of the subsidiary that is being spun-off to its existing shareholders on a pro rata basis, in the form of a special dividend. The parent company typically receives no cash consideration for the spin-off. Existing shareholders benefit by now holding shares of two separate companies after the spin-off instead of one. The spin-off is a distinct entity from the parent company and has its own management. The parent company may spin off 100% of the shares in its subsidiary, or it may spin off 80% to its shareholders and hold a minority interest of less than 20% in the subsidiary.”