proportionate amount, based on percentage, not a 1

proportionate amount, based on percentage, not a 1:1 shares ratio. If you have 100k shares of FITX you will not get 100k of the new company, you will get far far less total shares but at a much greater value. Like a reverse split, but this is not a R/S. From a point of view it is, but it is not. We all knew FITX needed the R/S to reduce shares, they will absolutely use this chance to take care of that issue.

And you will not be getting "Free money" as when it happens, FITX may have already been less than a penny, I predict today that occurs. If not, it is because everyone needs to see the dates you owned the stock to qualify for the new shares...thus people are holding, longs anyway. Christmas cam very very very very very early for shorts. This is why the bashing has skyrocketed, of course it has, this is their time to make a ton of money. We are investing, they are trying to (illegally mind you) put food on the table for their families this week.