$TRNX someone help out our friend here please
@UDel30 it can't, the common stock doesn't support it. The price of the new shares has to come from the current shares at a rate of 5 to 1. For the new shares to be valued at $1, the common stock would have to be at least $5. They can't create money out of this air, that's bot how a spinoff works.
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