~Noted and Correct~
The parent company, in this case PCTL, will issue its equity interest in the spinoff to its current shareholders. In other words, current PCTL shareholders will receive stock dividends. Dividends are payments that are made to shareholders by the company, which can be in the form of cash or shares of stock.
As no cutoff date has been announced, I will be buying 2-4M more shares of PCTL once I get paid on my current invoices. Never thought I would say it, but thanks to the current PCTL detractors for allowing me to buy more shares at a discount ;-)
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