OTCQB:VVCIF - Post by User
Post by
Kinglou64on Jan 18, 2019 7:22am
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Post# 29249906
Escrowed Shares
Escrowed SharesDoes anyone know about the 39 miilion shares that are Escrowed what ever that means.
DEFINITION of Escrowed Shares
Escrowed shares are shares held in an escrow account, secured by a third party, pending completion of a corporate action or elapse of a time period leading to an event. Shares are escrowed in three common cases: merger and acquisition transactions; bankruptcy or reorganization of a company; and granting of restricted shares to an employee of a firm.