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Bullboard - Stock Discussion Forum VMS VENTURES INC. VMSTF

GREY:VMSTF - Post Discussion

VMS VENTURES INC. > options??
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Post by Buck65 on May 03, 2016 1:09pm

options??

i guess it was a waste of time sending out the option stuff as i requested option 2 which was the share  option and i received the cash and shares anyway...why did they bother giving a choice as they did what they wanted anyway....i had phoned  in my request in plenty of time so that was no exuse....
Comment by robopocalypse on May 03, 2016 1:54pm
Optics. It didn't seem so bad when I first read the options in the original NR. It was obvious to me virtually everyone would choose Option 2. If it was obvious to me, it would be obvious to everyone involved. It was a little bit sneaky really. Yes it was in the fine print that there was a set amount of shares and cash, but in reality there was no chance anyone would get anything close to ...more  
Comment by werdnapk on May 05, 2016 9:18am
Received my cash and shares in my CIBC account now.  I'm sure many people bought VMS at a higher price thinking they'd get the share option... I opted for the share option as well.  Pretty crappy overall, but whatever... just waiting for the NAN share dividend and it's done.  At least RNX looks like it'll go up somewhat from here, so I guess that's something ...more  
Comment by Leebo31 on May 06, 2016 12:43am
read the fine print. there was only so much shares and cash. if every one pick the shares which a mojority of people did they didnt have enough shares so it had to be split. but you would have known that if you read the letter of transmittal and did even just a bit of dd
Comment by werdnapk on May 06, 2016 9:04am
What's makes you think I didn't read it?  I said I'm sure many people bought VMS higher.  I didn't say I did.  Read the fine print smart a$$.
Comment by Leebo31 on May 06, 2016 10:13am
you asked in your post why they even put in options and you claimed you phoned in early so there is no ecuse for u not to get your option. to me it sounds like you dont do basic dd and write stupid post on the board.
Comment by werdnapk on May 06, 2016 10:57am
I said nothing at all about phoning in early.  I didn't even mention a phone.  I read the entire circular and was well aware of the number of shares available.  Before you write your own stupid posts, maybe see what has actually been written before spouting off.
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