Wednesday, August 08, 2018 3:38:56 PM
https://www.otcmarkets.com/stock/VGID/news/Leaf-of-Faith-is-Ready?id=168114
https://www.otcmarkets.com/stock/VGID/news/V-Group-Inc-12-is-the-Magic-Number?id=178172
VGID clearly says over and over the spinoff will involved a dividend. VGID also called the spinoff an "offering" which would be a public offering (ie an S-1).
Personally though, the whole spinoff sounds like a scam to me. FINRA doesn't issue trading symbols to non-public entities so that's complete B.S. that Leaf of Faith was approved for the trading symbol LOFB.
And so far no S-1 offering has been filed with the SEC to take Leaf of Faith public.
Did VGID shareholders even receive shares in Leaf of Faith? I haven't been on that forum to see.
Assuming the VGID shareholders did get stock certificates saying they own stock in Leaf of Faith through some dividend then those shares will never be able to be traded unless they are registered with the SEC which would require an S-1 registration statement. Which I've explained to you in the last 2 posts.
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