phone interview with vgid ceo march 16-
first of all, i was the one that spoke to ceo larry for about 20 minutes. i have pretty good interviewing skills writing for the local paper for 10 plus years so i really know how to judge people and see their integrity between their words. i was more than extremely impressed with larry and his answers and comments. he is a very hard working guy looking out for his shareholders and stands behinds his promises (we went through everything from his current role pres/ceo, his % ownership in company, 2016 results good and bad, fernhill spinoff process with finra/sec, 2017 plans/stragegies, etc. one thing is for sure he is not your typical pink ceo that fronts a ticker to sell shares to support a hobby. im a relative rookie to otc/pinks and i could see that as clear as day. larry owns about 50% of the companies common shares and has not and cannot and would not sell any shares. his goals where clear that i will number below. pay very close attention to the last two. they will be discussed more on the cc with as much info as he can but obviously cannot tell the entirety with making it a public material event.
lawomen21 Thursday, 03/16/17 01:46:17 PM
Post # of 20731
spoke to ceo about an hour ago & have a lot of good info-
1- he does indeed own at least half os and shares are restricted and would not sell a single one anyway. he said ther is no dilution going on by the company.
2- distribution expanding as well as product line. discussed pr and excited about market friendly cannabis states for new products in the sector
3- discussed 2016 and what 2017 holds moving forward
4- discussed fern spinoff and rewarding vgid shareholders was very important to him. after all he owns have the os right. he is very vested in the company doing well.
5- discussed how vgid major strategy along with beverage business is to bring new or acquired companies public using vgid as a vehicle to make this happen. this is the process how he brought fern public which brought vgid shareholders 10 to 1 share ratio of free shares.
6- discussed cc and it will indeed happen monday. a major part of the call after discussing 2016 recap will be 2017 and bring new entities under VGID umbrella and spinning them offf or be to full audited reporting companies wholly owned by VGID. very good news for shareholders here. i don't know the companies/business's he is targeting however that is material info. this is great news for shareholder here.
if you have any questions call him. if he can answer them he will. monday this is going way up.