InvestorsHub Logo

Pink 2 long

10/13/22 11:05 AM

#2082 RE: BigYak #2080

Aradatum is a wholly owned subsidiary of CGEI, as far as our shares of stock go, we are all set. How they handle the 1 for 1 spin off, I am sure it will happen, when is the question. I am glad to see they will finally be off the pinks! PINK 2 LONG! lol

dano4135

10/13/22 12:37 PM

#2083 RE: BigYak #2080

Big Yak, I am concerned about how this will take place too. I don't think they will screw us. I think they are in the same boat we are in. However I am worried that when it finally happens, that my IRA account, sees a switch of stock symbols from cgei to aradatum. I don't want them to just delist cgei, making my IRA worth zero, and then credit me with stock that would not be considered to be part of my IRA. I have a big investment(for me) in converting that to a ROTH IRA . Something I did because I expected this to go to the moon. Anyway, I need that cgei symbol to be converted to a aradatum symbol so that I don't lose the ROTH IRA tax advantage.

That is my selfish concern.