$TRNX thinking spinoff... why would they do a spinoff, give trnx 7% of contracts ,use 1 million of that money to buyback shares, in a company /technology that they see no potential in? Why not just dump it? Or sell it to highest bidder? No, they dont want a dilution machine. They could just dilute trnf or keep the status quo before the spinoff. Plus theyre doing a buyback. And they will have money from trnf, 200 million at least. They spun off for a reason. I thought it was to shed debt. Not seeing that anymore.
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