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BOOM! Tokens announced, pending SEC approval. Let's goooo!
Nutshell: Pending SEC approval, GTII would be allowed to create "1,000,000,000 cryptocurrency tokens (the 'GFT Token')," of which 26,000,000 of them would be issued "as a dividend to GTII shareholders" at a rate of one (1) token for every ten (10) shares of GTII common stock. The value of those tokens would be linked to "the value of GTII’s fine art collection." Date to be determined.
They keep pulling out the stops, trying to bring the charge to the short.
"The intended spin-off dividend would be made to GTII shareholders on a pro-rata basis, as of a to-be-determined record date, with each shareholder receiving one share of Global Tech Health for each share of GTII held, as of the record date. The Company also intends to cause Global Tech Health to register its shares with the SEC."