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niczar

01/07/23 3:07 PM

#195824 RE: thegreencandle #195823

I will give the Co. an A+ for their ability to word things the way they do.

Ambiguity is one of their strongest points!!

If as much effort would have gone into proper sales and distribution of product during the height of Covid as does into the slippery verbiage they create a $5M revenue number could have happened.

JMO
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aandt

01/07/23 3:21 PM

#195825 RE: thegreencandle #195823

Word games...

At no point did that pr say the shares would be gifted. The pr states distributed to. And all of the sudden these folks think they're getting free shares...



Shareholders will receive shares in the spinoff. They will not have to pay for them. I might not have used the term "gifted" but the point is, they will be awarded to all PCTL shareholders as of the specified date.

And according to Merriam-Webster, gifted is a valid word to be used.

https://www.merriam-webster.com/dictionary/distribute

distribute
verb
dis·?trib·?ute di-'stri-byüt also -by?t British also 'di-stri-?byüt
distributed; distributing
transitive verb

1
: to divide among several or many : APPORTION
distribute expenses
distributes toys to needy children
2
a
: to spread out so as to cover something : SCATTER
evenly distribute the seeds
b
: to give out or deliver especially to members of a group
distribute newspapers
distribute leaflets
distribute a TV show to local stations



And as for this statement-

It says distributed. Everything after that is pretty meaningless. Are they distributing these shares AFTER they're purchased by pct shareholders?



I have never heard of a spinoff done that required shareholders to purchase the shares they are already entitled to as a shareholder. Can you provide an example of such a strange corporate action? If it has happened before I would be interested to understand the basis behind such a claim...
Bullish
Bullish
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AcadianMan

01/09/23 9:23 AM

#195843 RE: thegreencandle #195823

My favorite part of your conversation is where you fabricated this:

"Gary's retirement in Aruba."

Aruba? Really? That is hilarious - it really is.
Bullish
Bullish