(Total Views: 594)
Posted On: 03/25/2019 11:12:39 AM
Post# of 36566
Here is my opinion, take if for what it's worth.
Our stock was worthless, essentially, back at the beginning of 10/2018. Thru a 20 share stock dividend, and Joe (and 3 others) giving up their 20 shares dividends, we are purchasing assets. It did not cost me more money, however I have more money than I had on 10/1/18. I also now have new shares (cusip) in a spin off, again for no add'l cost to me. So, will it all work out...I hope so, however if it doesn't, I am tremendously better off than I was 6 months ago.
Our stock was worthless, essentially, back at the beginning of 10/2018. Thru a 20 share stock dividend, and Joe (and 3 others) giving up their 20 shares dividends, we are purchasing assets. It did not cost me more money, however I have more money than I had on 10/1/18. I also now have new shares (cusip) in a spin off, again for no add'l cost to me. So, will it all work out...I hope so, however if it doesn't, I am tremendously better off than I was 6 months ago.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
