GREY:CVHIF - Post by User
Post by
Michael4444on Dec 03, 2020 3:35pm
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Post# 32030468
Update from CIBC
Update from CIBCI have just had the return call from CIB. To summarise:
The VIBE shares are shown as being restricted (I presume that this is the 6-month wait on selling).
CIBC has no idea when (or if), the shares will be received. They think that it could be anytime during the restricted period.
They also think that this may apply to any cash payments that we are supposed to be receiving.
They also think that this is an unusual situation, most new shares are credited shortly after the final transaction.
Not sure about the way ahead. I find it incomprehensible that VCAN management cav manipulate us like this, with no information being provided.
Did anybody on this board, actually receive their VIBE share yet?
Does anyone have any idea how we may elicit an update from management?