we are waiting to see on that for sure but that brings in about 3 million in assets now to GNAU if this opens at a quarter.
Basically we as owners of GNAU own the assets and it is very common to split them up to the shareholders as soon as the new company is on there feet. The 10k looks to be August for production and I see this before year end now. I also see that we have great possibilities now of adding more to the whole family because this going public gives GNAU room to develop a new company now.
This company is like an Onion the more you peel back the more you find. They have several other things in the fire now from a WIKI look up link on the newsletter today.
No. GNAU shareholders will not receive anything at all directly, unless and until GNAU were to decide to spin out those GCLL shares to its own shareholders.
No such plan has been articulated yet.
What will happen is that the GNAU balance sheet will now show a tangible asset under Cash and Marketable Securities valued at the market price of that many shares.
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