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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 > TD Waterhouse and VIBE shares.
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Post by Jamesedgar1 on Mar 24, 2021 8:46am

TD Waterhouse and VIBE shares.

Talked to Td a couple of weeks ago and was on hold for one hour before someone took the call.
The dude was trying to be helpful and he put me on hold for a few minutes to talk to someone about it, then we got disconnected from their end!
He must have sorted something out because a few VIBE shares finally showed up in my account this morning, Just a guess but there must be more still to come!
GLTA
Comment by Jamesedgar1 on Mar 24, 2021 8:51am
Also, the cost basis for these shares showed $1.03 and they closed yesterday at $1.12.... The cost for these doesn't seem correct considering what they were worth back around deal time....WTF....
Comment by lscfa on Mar 24, 2021 9:20am
Vibe Shs/Wrts showed up in my TD acct this morning too. Journal entry as a stock dividend.    
Comment by lscfa on Mar 24, 2021 9:37am
Quantities match...... Each VCAN shareholder of record on the Dividend Record Date will be entitled to receive 1 common share of Vibe for every 55 VCAN shares held and 1 purchase warrant of Vibe for every 46 VCAN shares held.  
Comment by Jamesedgar1 on Mar 24, 2021 9:49am
Thanks Iscfa, just noticed the warrants at the bottom of the page with $0 value, it shows Sept 15 2021, so do you think thats the expiry date, never had warrants before, and will they at some point let us know what price we can exercise them? 
Comment by lscfa on Mar 24, 2021 9:56am
Sept 15 is the expiry. The exercise price is $0.60.    
Comment by Jamesedgar1 on Mar 24, 2021 10:02am
Many thanks again for your help, I may contact TD soon and see about exercising them.
Comment by davgro on Mar 24, 2021 11:02am
I received VIBE stock and warrants (15SEP21) in all my registered and unregistered TD Direct Investing accounts this morning as a stock dividend (STKDIV) with a settlement date of March 19th. Is the only option to execute the warrants ?  Normally you can sell warrants but it doesn't appear that these VIBE warrants are trading on the CSE.
Comment by Trooperhobo on Mar 24, 2021 11:08am
Nothing yet in RBC or Scotia accounts. 
Comment by lscfa on Mar 24, 2021 11:19am
The warrants are not listed and are non-traceable.  
Comment by lscfa on Mar 24, 2021 11:20am
Non-tradeable...
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