Ventura Cannabis and Wellness Corp CVHIF

VIBE Warrants (15SEP21)

[davgro]

I put in orders this morning with TD Direct Investing to exercise all the VIBE warrants (15SEP21) I received as part of the 1st tranche.  There was no cost to exercise the warrants and the representative said that the shares should show up in my account within 2 business days.  Only requirement was that there be enough cash available in the account to cover the cost of exercising the warrants.  I will update the board when I receive those VIBE shares as I am skeptical that they will actually be in my account in 2 business days.

[lscfa]

If you get the shares let us know if they are restricted from trading.  

[lscfa]

I think this 1st distribution appeared in our accounts now because it has been 6 months since the Sept 15 closing. So the shares are free trading. Next distribution should appear mid-May.  

[Tuckerbear31]

Has anyone with RBC gotten anything yet

[snootchybootchy]

Could you share why you decided to exercise the warrants now? Are you exercising them now just for the purpose of selling those shares for a profit?  Seems like if one is long on VIBE and wants to hold onto their VIBE shares, they would want to wait until September or as long as possible to exercise their warrants.

[dileas48s]

In my opinion, if one is long and plans to hold shares from warrants past the deadline, the only consideration of when to exercise the warrants is when you have the cash to pay for them. There's no other reason to wait.  Well, I suppose you might be long, but want to get out if some bad news comes.I wouldn't want my warrants to become useless.  However, if one wants to capture

[lscfa]

I instructed my broker yesterday to exercise the warrants too simply because I have the cash in the account to do it and the interet rate on cash balances is squat.  I plan to hold Vibe long term as it is a grower and potential takeover target. 

[brentski99]

i plan to do the same.

[Michael4444]

I am in that camp as well - once CIBC pull their finger out!  Maybe Monday morning will be the time - not holding my breath.

[Hiimehab]

I sold the first tranche Vibe shares and excersized the warrants at 60 cents CAD Hope to see them in two weeks. 

[brentski99]

I am not going to sell the Vibe to exercise the warrants. I will fund my registered accounts to do it. I like the deal a lot with what is happening stateside on the political front. Vibe will be a prime takeover target and the price of shares could go hyper crazy. 

[TheProphetElijah]

Brentskis' right.  When I talked to IR over xmas he inferred a take over target after 8-10 open stores.  Makes sense after a solid footprint in California is established.

[Michael4444]

I just exercised the warrants in both my TFSA and RRIF.  Not sure how long it will take for the shares to appear, but I am in for the long term anyway.  Hopefully this one will make-up some/all of the deficit from the previous incarnations!

[Hiimehab]

let us know when you recieve the excercised shares. I am waiting for mine as well from Scotia Itrade