Jobynimble, it’s comparing Outstanding shares to Outstanding Shares? 5,429,000,000 PVSP to 100,000,000 of Artizen.
If you have 10,000,000 shares of PVSP then 10,000,000 divide 5,429,000,000 shares. This gives .001842.
.001842 x 100,000,000 = 184,200. Why? Read!
SEATTLE, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTCPK: PVSP) (“Pervasip” and the “Company”) today announced that it will spin-off 100% of its wholly-owned subsidiary, Artizen Corporation (“Artizen”), as a separate public company, with an anticipated record date between July 1, 2023, and September 30, 2023. As a result of the spin-off, all Pervasip shareholders of record as of the designated record date shall receive shares in the newly public Artizen in proportion to their ownership in Pervasip. Artizen conducts 100% of Pervasip’s cannabis business segment operations through its Zen Asset Management LLC subsidiary ("Zen”).
This is why I wish German would give an example to qualify the above posting by him or Jordan.
Oldrogue
Bullish