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Thursday, August 24, 2017 3:14:04 PM
CARLSBAD, CA -- May 09, 2017 -- InvestorsHub NewsWire -- V Group, Inc. (OTC Pink Sheets: VGID) is excited to release details pertaining its exciting new CBD beverage venture.
The Company, along with its partner, Michael Boris has officially birthed a new entity. This new entity now has a Corporate name of Leaf of Faith.
Leaf of Faith, a subsidiary of V Group, Inc. has been formed to create the best in CBD and THC beverages. As reported in previous announcements, the first product in the portfolio for Leaf of Faith will be a CBD beverage called Patience. Patience will be initially offered in 2 unique flavors with colorful comic- like labels that will appeal to a broad audience. More flavors are scheduled for later in the year. The initial production run of Patience is scheduled to be produced and sold by the end of May at an industry event in Southern California.
A subsidiary is a company with voting stock that is more than 50% controlled by another company, usually referred to as the parent company or the holding company. A subsidiary is partly or completely owned by the parent company, which holds a controlling interest in the subsidiary company.
I guess subsidiary doesn't mean what it used too or we getting a 1-2 split?
I guess you didn't make any money from all the paper printed from this SHELL to create this new SEPARATE ENTITY.
What I express is my opinions only! I recommend for you to Do your own Due Diligence to get yours.
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