OTCQB:VVCIF - Post by User
Comment by
skibummon Dec 04, 2020 11:24am
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Post# 32037044
RE:RE:Vivo back in play, up 20% to hod .17;big volume
RE:RE:Vivo back in play, up 20% to hod .17;big volumeCB2 Insights Inc. ("CB2") In 2015, the Company advanced $160,000, represented by a promissory note, to CB2 (formerly MVC Technologies Inc.). The loan was fully impaired in 2015 and was converted into 208 Class B common shares of CB2 in 2016. CB2 subsequently completed a series of share consolidations, resulting in the Company owning 6,240,000 common shares of CB2. The valuation at September 30, 2020 was based on the quoted market price of $0.23 per share on September 30, 2020. As at September 30, 2020, the company held 5,304,000 shares of CB2. The Company’s investment in CB2 has been classified as level 1 within the fair value hierarchy – quoted market price........name change this week to Skylight skg/c.....hit .99 today