Vitreous Glass Inc V.VCI

Alternate Symbol(s): VCIGF

Building Materials Building Materials

Vitreous Glass Inc. is a Canada-based company, which is engaged in recycling glass. The Company cleans, crushes and sells waste glass to the fiberglass manufacturing industry in the province of Alberta. The Company creates GlasSand cullet for use in fiberglass insulation manufacturing. It operates a waste glass processing plant at Airdrie, Alberta. The plant gathers post-consumer waste glass from Alberta and elsewhere in western Canada, crushes it, removes contaminants, and sells the final product to three manufacturers of fiberglass building insulation for use as a raw material in their production facilities in Alberta. All production from the Company’s Alberta glass plant is sold to two large customers and one smaller one in the fiberglass insulation manufacturing industry in Alberta, which is heavily dependent on the level of housing starts in Western Canada and the Northwest United States. It ships products to its customers based on the customer’s day-to-day consumption estimates.

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Vitreous Glass Inc > Still here, still loving VCI

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Comment by Lawyerupon May 02, 2021 6:35pm

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Post# 33111590

RE:RE:RE:Still here, still loving VCI

I might be wrong but the special dividends are not ROC. The dividend is considered a dividend an eligible dividend for tax purposes though. I am not sure why exactly there is more interest in VCI with SP at all time highs and volume is up substantial. End of April Mr. Rendell, the CFO, sold off 25,000 shares. So he took advantage of the all time highs. One of those little companies that just chugs along. Another nice dividend coming soon. One thing its getting harder and harder to find these little companies that are well managed and reward shareholders. All the best, Charlie.

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