okay, maybe you or someone could help clarify an important point...

okay, maybe you or someone could help clarify an important point for me?

Animoca talks about the possibility of listing perhaps on the Euronext exchange or another compelling location !

Where I have some uncertainty is when they talk about packaging up and spinning off (Pixowl &TSB Gaming, which today is The Sandbox), Quidd, nWay and dang cant remember is there is 1 more entity but I think it is these 3 and likely the most valuable assets under the name of LISTCO.

1. Will Animoca itself go public through a new IPO listing and then divest and spin off this group of 3 Companies forming what was referred to as LISTCO , VALUE and issue current stock holders shares in the new LISTCO entity

or


2. Will Animoca just list the spinoff LISTCO entity (sandbox, Quidd & nWay) without listing publicly themselves and just stay the parent company similar to what they have done with OliveX, which will be trading publicly in the future and Animoca as the parent Company simply able to have the ability to have liquidity from the new free trading entity OliveX?

I am guessing the logical thing would be to assume Animoca goes IPO first which would provide liquidity for all current shareholders and then spinoff the LISTCO newly formed entity and issue shares to the current shareholders as valued pre spinoff?

Am I being stupid here, is it obvious what steps they plan to take and how the process would work for the 2500 current shareholders?

thanks