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Re: cwesely post# 26282

Wednesday, 05/03/2017 12:16:15 PM

Wednesday, May 03, 2017 12:16:15 PM

Post# of 48616
Yes, that picture is accurate and incomplete. The greatest portion of those 30 million shares were subsequently distributed to share holders of VGID. VGID kept 9.9% of the 30 million shares and the rest were distributed to VGID common share holders.

Buzzy, personally holds the Series B Preferred, as Chairman of the Board of FHBC. VGID holds (personally) 1,470,000 common shares of FHBC and VGID Corp. holds 1,500,000 shares, that may be sold sometime in the future, if VGID financing requirements necessitate a sale of those shares.

Buzzy explained all this prior to the FHBC distribution. Because the last VGID financial report was for a period of time prior to the FHBC distribution to share holders (Year end financials for period ending Dec. 31, 2016 & FHBC Distribution Jan. 17, 2017), the exact #'s are not reflected in either FHBC or VGID financials. However, the first quarter 2017 financial reports should shed light on what VGID currently holds of FHBC shares.
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