V Group Inc (VGID)

[ForReal]

You are correct. Buzzy did say that he was told by one person at the SEC that he could only have a cut off date one day before the announced spin off.

I got in touch with Buzzy and sent him about 5 or 6 spin off announcements by other companies, that were contrary to what he was told. He then went back to the SEC and was told something different by another SEC person.

Buzzy then went to his own legal council and asked him to contact the SEC and get some clarification in writing from the SEC. Hence, we have the announcement with the cut off date announced today.

Confusion about all this is the fault of the SEC. And Buzzy worked hard to get this mess straightened out. But again, he gets the blame for confusion caused by the SEC.

Negotiating another acquisition of a beverage company is just one more positive bit of news for share holders of VGID. He already acquired a distribution company for VGID and Fern Hill products.

Seems to me that he is working very hard to "Do Right" by VGID share holders. But appears, he can never keep all share holders happy, no matter what he does.