Ventura Cannabis and Wellness Corp CVHIF

Odyssey Trust

[lscfa]

Dumbasses did not explain it properly. When they said it will be sent out shortly we assumed it would arrive shortly after that. My broker tells me that the process is "manual" and takes weeks after it is sent out. This applies to those of us with VCAN shares in street name.   




On Dec 10, 2020, at 9:40 AM, Odyssey Questions <[e-mail]> wrote:

Good morning,
 
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.
 
Best regards,
 
 

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Madeline Culmer Associate, Communications Odyssey Trust Company   1230-300 5th Avenue SW | Calgary AB | T2P 3C4 P: 587.885.0960   I     F: 800.517.4553  www.odysseytrust.com

[TheProphetElijah]

wonder who got 100K shares for a quarter of a penny yesterday.

[woundedknee]

So as I look at my account with RBC it still shows my 47 shares, but listed as CVHIF, which I assume is the US pink sheets (could be wrong) at a value of $2.18. Am I to assume by the conversations here that these are soon to become shares of Odyssey Trust? Any chance this will be an opportunity to double my money to $4.36? LOL Over the last 10 years I've had some real losers that in the

[dileas48s]

I can't tell if you're joking, so I'm just answering straight up. Yes, CVHIF is the VCAN listing on the pink sheets, which, as I understand it, are not tradeable by shareholders with a Canadian mailing address (or, the inverse, by Canadian shareholders without a US mailing address).  This is absurd to me that we can't participate in the market that exists (such as it is

[TheProphetElijah]

Sorry to hear that dil, as we know the trick to stocks is knowing when to hold forever (Buffet style), or just for several months, or just a quick flip. Trading can be the most expensive tuition you may ever pay for education. CXV/BLVD was a tough one.  They were growing their revenue quarterly from the beginning, in the midst of an ongoing opioid crisis yet the progess could never be

[woundedknee]

Dileas...To answer your question..I am not joking and thanks for the info.

[Michael4444]

Like many of us on this board, I too have been burned by penny stocks.  I also decided that I would migrate to dividend stocks, and have a preference for FIE - a monthly paying ETF that has a great yield.  When we finally do receive our VIBE shares, I am going to sit tight, cross my fingers, and hope that they turn into something decent - maybe recoup some of my losses LOL.

[lscfa]

Only 56% of the $0.48 distribution in 2019 was eligible dividends. The rest was cap gains and return of capital. I'm looking for pure eligible dividends.   

[dileas48s]

I loosely follow the BTSX strategy but rather than equally weight the investments I put extra emphasis on the higher yielding (top of the list). I also chose to pass on CNQ and TRP.   Likewise I'm going to hold my BMO shares for now and pass on Shaw. GDNP and PTQ are the last of my venture stocks and both in the green. I'm looking to retire in 7 years and I'm hoping to