Friday, December 15, 2017 4:32:22 AM
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December 14, 2017 12:16 ET | Source: V Group, Inc
CARLSBAD, CA, Dec. 14, 2017 (GLOBE NEWSWIRE) -- V Group, Inc. (OTC Pink: VGID), along with the Company’s incubation partner Leaf of Faith, is ready to update current shareholders and potential shareholders as to the distribution of Leaf of Faith shares to V Group shareholders.
As stated in a press release dated August 24, 2017, V Group announced its intention to spin-off Leaf of Faith creating a separate Publicly Trading Company in which V Group shareholders will participate in the offering.
V Group, Inc. is prepared to announce the ratio in which V Group shareholders will be rewarded for their participation.
For every 12 shares of V Group, Inc. that are held by a shareholder on October 31, 2017, the participating shareholder will receive 1 share of Leaf of Faith.
V Group, Inc. is working diligently with all agencies and parties to complete the transaction as soon as possible. The Company will be announcing the share structure and the ticker symbol as soon as they are approved.
Leaf of Faith is the producer and marketer of Patience CBD Drinks. Patience CBD Drinks is poised to be a leader in the rapidly growing CBD market. Patience CBD is the first CBD Drink to incorporate CBD, vitamins and outstanding flavors to take advantage of the health benefits and to appeal to a larger and more mainstream market. Leaf of Faith will be launching THC Drinks as well as CBD and THC edibles into the Company’s distribution network in early 2018 as legislation becomes favorable. A full description of the revolutionary products can be reviewed by visiting www.patiencecbd.com.
V Group, Inc. is constantly searching and implementing different ways in which to add value to shareholders and investors. Once this spin-off is completed, V Group, Inc. will be actively working on the next incubation project.
V Group, Inc. will be updating the public as the Company makes progress on its strategy.
V Group, Inc.
Contact: info@anddrinks.com
Web Site: www.anddrinks.com
Phone: (760) 613-8828
**DISCLOSURE** My posts express my sole opinion. They are not investment advice nor a recommendation regarding any course of action. My opinions are subject to change without notice. Assess investments according to your personal financial circumstances.
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