Ventura Cannabis and Wellness Corp CVHIF

RE:RE:RE:RE:RE:RE:RBC Direct Investment

[dileas48s]

I called them last Monday to discuss exercising the warrants.  It was a lengthy conversation with the rep.  In part, it was because the reference Scotia attached to the warrants is not aligned with the VCAN <--> VIBE transaction from which they orginated.  

When I first called to discuss he assumed the warrants were attached to the most recent financing (which they are not).  I had to talk him through how to find the original press releases on the internet that described the transaction.  This was very painful.  In part, because he was having browser issues that kept him from accessing certain sites.

So, that was last Monday.  I have warrants in four separate accounts and he took down "an order" to exercise the warrants in each of those accounts. 

As of today the warrants have not been officially exercised, and I plan to call tomorrow if that remains the situation.  With Good Friday I'm giving them an extra day for what I would call reasonable.

Yes, these warrants are at $0.60.  So, keep in mind you have to have the cash in your account - and for me that was a bit tricky in my TFSA and RSP.

I believe there is no trading restriction on the shares once you receive them - you should be able to sell them right away, if that is what you decide to do.

Jacks10 wrote: Thanks!  I will look up your old posts.

What about the VIBE warrants?  Have you exercised them with itrade?  What did you have to do?  I just got off the phone with them wanting to exercise the warrants as I read on here that everyone has been able to do that and he said he has no information on it.
Did you have to provide them with any documentation of some kind?  The first tranche of warrants that we have received so far should be able to be exercised at 0.60 cents?  Is that correct?
I have never been involved in anything like this before.  Any help would be appreciated?  It seems like a great deal if I can exercise my warrants at 0.60 cents and then turn around and sell them for $1.36 that VIBE is trading for today, or would it take a while before I can sell them?