Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ventura Cannabis and Wellness Corp CVHIF

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.


GREY:CVHIF - Post by User

Comment by dileas48son Jan 08, 2021 12:27pm
237 Views
Post# 32254546

RE:RE:RE:RE:RE:RE:RE:RE:Management won't let this company go.....

RE:RE:RE:RE:RE:RE:RE:RE:Management won't let this company go.....
Just to clarify:

1)  the record date is clearly established for the first and second tranche of shares.  Selling your shares now will in no way affect your VIBE shares

2) The only cash component, that may, or may not be coming, is after all is said and done, and any collectibles were realized, there may be some cash yet to be distributed.  For that distribution you must hold onto your shares.   The filing on SEDAR said that the distribution could amount to $0.01  -->   $0.016  I believe.

3)  I wouldn't count on this dividend at all.  A lot of time has expired since the deal.  Who would pay VCAN any amount owing?  Not me.  Plus, those F'ers will take a salary and diminsh any cash anyway

4)  Yes, your shell company scenario is what others are suggesting.  

Michael4444 wrote: My understanding is, that we are all hoping the shell will be bought, and then floated on an exchange, under the new product.  The assumption is that our current share holdings will be part of that transaction.  All we can do is wait and see!  On a slightly different note - are we not supposed to receive some cash remuneration as part of the VIBE transaction?  If that is the case, we should retain our current holdings, or we may not receive same.

<< Previous
Bullboard Posts
Next >>