GREY:CVHIF - Post by User
Comment by
dileas48son Nov 17, 2020 3:29pm
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Post# 31916237
RE:RE:RE:conversion
RE:RE:RE:conversion There has been a suggestion that there may be a small amount of cash to distribute, both my management and the contributors to this board.
I'm not holding my breath - I am pretty convinced that whatever funds are left at this point will be used to pay salaries (needlessly) to Heath and whoever else is left to collect a pay check.
I would suggest at best it'll be $0.005 per share - not insignificant for some of the larger shareholders on this board, but like I said, I think it is extremely optimistic to think that there will be a distribution.
This potential for a distribution, and the potential tax loss provisions are the only thing that gives your VCAN shares any intrinsic value at this point.
Michael4444 wrote: Thank you for clarifying the amounts. Am I correct in believing that there was also a cash component? If so, When and how would that be paid?