I have been following this story and want to throw my 2 cents into the conversation, there once was a guy named N. Scalbania I am sure i am spelling it wrong but anyway, he shuffled equipment and assets into new ventures with previous shareholders getting a piece of the action as a dividend in order to have them vote in favour of the move. Then the first company basically shut down so all you were left with is the dividend and all your initial investment is gone. This really looks like someone read his book and is riding along the same trail.
They paint it as a good thing and you are getting something for going along with the plan, but in the end they are offering you 10 cents on the dollar for what you have into the company to vote yes.
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