V Group Inc (VGID)

[Mickey4]

Please, anyone with Fernhill spinnoff shares; has your broker provided you with the allocation of the parent cost basis to the spinnoff; it's based on the first day fhbc traded and it's the law that your broker calculates this for you? In other words, the percentage of the parent original cost basis, vgid, has to be allocated or divided with your spinnoff, fhbc? This establishes your cost basis in your spinnoff for when you sell fhbc, and the remainder is the new parent cost basis in vgid. Simply subtract the fhbc allocation from vgid original cost basis and you have the cost basis in fhbc. Anybody even know what the heck I'm talking about? If not, you will know soon enough as it is tax time. Please help as we will be going through the same calculations with the Leaf of Faith spin-off. Thanks.