Post by
dileas48s on Dec 10, 2020 11:45am
Response today from Odyssey
Thank you for reaching out, with regard to the distribution of shares of Vibe Growth Corporation to holders of Ventura Cannabis & Wellness Corp. shares, please be advised that we are presently issuing the shares and expect the DRS to be sent out by mail later this week or early next week. The shares being issued are restricted until May, 2021 and such could not be distributed by CDS internally to their participants.
I trust this explains. Please let me know if there are any additional questions.
****************************************************************************************************************
I'm responding to clarify if this means me, or my broker.
Comment by
BigDaddy13 on Dec 10, 2020 12:42pm
DRS is likely going straight to us and not a broker, but please fill us in with your answer. I don't expect anything this week but as I stated previously I think we will have before the new year and I am hoping I am wrong and we will receive by end of week, highly unlikely but fingers crossed
Comment by
Michael4444 on Dec 10, 2020 1:06pm
How would that work? Would we then have to forward them to our broker? I can foresee numerous problems with that scenario - both of my holdings are in registered accounts i.e. RRIF and TFSA.
Comment by
brentski99 on Dec 10, 2020 2:17pm
Take my word for it. You do not want to receive paper share certs. Vlearing them is an expensive nightmare.
Comment by
TheProphetElijah on Dec 10, 2020 4:10pm
Brentski's right, why else was would someone buy at .07 yesterday to get a dissolution for .016? Math doesn't work out. Unless they were coc'ed up.