Saturday, March 04, 2017 7:39:46 PM
1. I didn't find anything new or interesting in the proxy materials that wasn't there before, but I "enjoyed" the opportunity to get still one more reading of the sense of what's going on here.
2. It would seem to me that the materials are silent as regards how matters would proceed if, after the distribution to shareholders (if any, though it looks like the current price of the stock is as good a guess as any, assuming something but not much out of Magnavape) has taken place, the shell itself of VHUB were to made available to PLY to effectuate a reverse merger. In other words, are the shareholders of VHUB still shareholders after getting their distributions but before the corporation would otherwise have been liquidated.
3. I am guessing that any security lawyer would advise the gang to take VHUB up on its offer to ask Lori Winther any and all questions (like WTF happened, to phrase it generally)so as to have a record that internal due processes were followed and that answers were either constructive or misleading in some way.
Have a good week!
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