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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 > $0.005 last price and Zero volume
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Post by dileas48s on Aug 17, 2021 4:00pm

$0.005 last price and Zero volume

The nail is in the coffin.

Hey - if you still hold your VCAN shares - what's the lastest on getting the suggested $0.01 distribution per share?

I've long suspected it'll never happen, and we're fast approaching 10 months since the Oct 26 press release that stated:

"VCAN expects to formalize its dissolution in due course, and any cash remaining after the formal wind down of VCAN will be distributed to shareholders prior to dissolution."

Anyone here think there will still be a distribution?  Any updates on the "formal wind down"?
Comment by davgro on Aug 31, 2021 1:33pm
I really hope nobody listened to the Asshat (Duster340) or Iscfa and are still sitting with their CVHIF shares.  When I posted detailed instructions on February 5th about how VCAN shareholders could sell their CVHIF shares despite the CTO you could have gotten upwards of USD $0.11 for those shares, as I did for some of mine.  Other VCAN investors I know messaged me that they sold ...more