I don't think we would get stock of anyone else. It looks more like a buyout where Dragonite would receive a lump sum payment for it's ecig biz and intellectual property...
Unless it goes differently they might issue a dividend or just report it as revenue....
Either way I'm going to finally cut the cord on this pos once the deal is announced... Once the ecig biz is gone there's no need to hope for this company any longer for me.
That is if I can even sell my shares in this illiquid garbage of a stock.
Even though trading is suspended for the 329 HK stock, I was still able to put a GTC sell order in through scottrade for DGTLF
I put it in high enough to get my losses back if it were to hit. You never know, if they announce a blockbuster deal the price could skyrocket in the short term.
I'm not holding my breath but I think it is worth the shot to see if someone else will see any value here when HK trading opens back up.
I remember one poster here who had a GTC order in that hit and they got their money back before the last R/S....
Perhaps a couple more of us could get lucky ?
of course we might have to hire a promoter lol.... Just Kidding..
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