$TRNX Why does everything the company say seem just a little off?? I don't think anyone said TRNX would be worthless after the spin off. Most people are making the case that the total value of the five shares of TRNF plus the one share of TRNX should be in the ballpark of the current price of TRNX. It's beside the point that those two companies are probably worthless--the industrial gas side has spend fourteen years proving that it can't make a profit and the relatively new Water Pilot likewise only shows unsubstantiated promise.
$TRNX ..."So if you have $1 stock, you issue a $0/10 dividend. As soon as that stock goes ex-dividend, it drops to $0.90. THAT IS NOT THE CASE WITH TARONIS TECHNOLOGIES. We are doing a stock distribution. We have an enormous amount of people saying that, if you stock trading at $2 and you issued $5 worth a stock, the parent's worthless. It's not true. The parent is worth 10s of millions of dollars for multiple reasons. And I want to state this clearly, before we take questions. First, we believe that the royalty stream from Taronis Fuels to Taronis Technologies will make it meaningfully profitable potentially even in the 10s of millions of dollars of EBITDA next year. And you can do the math and realize what we think is coming."
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