Don't know why it would be considered a violation but it is nonsense. When you bought into pelangio, you got your share of 20 mil ... dgc. After the split you will have your share of the 20 mil ... 19 of which will be held in one company trading under px and the other PDX trading under PLG ... they will have 1 mil dgc and the remaining assets ... nice working capital for ghana ... when the price to selll is right.

the spinoff simply allows for the discount we have on dgc shares to be eliminated .... you lose nothing from the transaction and should have the holding discount eliminated.

Orgy