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Microcap & Penny Stocks : IDCN - gold, garnet, etc. -- Ignore unavailable to you. Want to Upgrade?


To: WFHSR who wrote (5627)4/8/1999 9:55:00 AM
From: Willithit  Read Replies (1) | Respond to of 5908
 
Good question?....Do we win or lose in this deal?

Will



To: WFHSR who wrote (5627)4/8/1999 1:20:00 PM
From: Gordon Gekko  Read Replies (1) | Respond to of 5908
 
The statement concerning the spin-off was definitely confusing. IDCN will essentially be taking a piece of it's current structure and turning it into an entirely new publicly traded company. The spin-off will be in the form of a stock dividend to existing shareholders. This spin-off should not be dilutive.

The existing share base of IDCN will remain the same, but what it represents will be different.

If you are an existing IDCN shareholder you will receive an automatic dividend.

There are still parts of this transaction that aren't clear, but hopefully we will know the particulars sooner rather than later.

GG