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Bullboard - Stock Discussion Forum 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... see more

GREY:CVHIF - Post Discussion

Ventura Cannabis and Wellness Corp > Response from VCAN
View:
Post by Bananabrainz on Sep 01, 2020 6:36pm

Response from VCAN

I emailed VCAN asking when the information circular will be provided and hinted at frustration among shareholders with the possibility of us voting against the transaction. Here is the response:

Thank you for your email. 

Management believes the transactions with VIBE and other proposed steps set out in its August 31, 2020 news release are in the best interests of the Company and its shareholders.  The information circular which will be sent to the Company’s shareholders prior to the upcoming special meeting of shareholders will set out the background and rationale for undertaking these transactions which will enable shareholders to make an informed decision at the meeting.  Management believes you will find the reasons for supporting the transaction compelling, but if you have further questions after reviewing the circular disclosure, please do not hesitate to contact me.

 

Thank you,

Chris Heath

Now I wonder, by 'compelling', does it mean I'll love the deal coz it's beneficial and profitable or coz things are so dark and gloomy that I should take what I get. LOL. This investment is hurting my health.

Comment by TheProphetElijah on Sep 01, 2020 7:36pm
I got the same generic response, but nothing to my questions about Kush Rush, remaining cash on hand, the mysterious vanishing lab or mortgage equity etc.
Comment by lscfa on Sep 01, 2020 8:09pm
I got the same generic BS response even though I asked specifically about whether the 2 Corona houses had been sold. If they are going to answer all questions in circular then we better pepper them with questions because these incompetent bozos are bound to miss obvious ones. 
Comment by brentski99 on Sep 01, 2020 10:09pm
He cuts and pastes the same response to everyboby. Mine was exactly the same wording. He also forwarded it to Lloyd. Thank you for your email.    Management believes the transactions with VIBE and other proposed steps set out in its August 31, 2020 news release are in the best interests of the Company and its shareholders.  The information circular which will be sent to the ...more