V Group Inc (VGID)

[uksausage]

here is the official PR from Suntex about acquiring Pumped CBP from VGID (V group Inc)

https://www.otcmarkets.com/stock/SNTX/news/Suntex-Enterprises-Inc-Cancels-246-Million-Common-Shares-and-Makes-Acquisition-of-Pumped-CBD-Fitness?id=207712

As Buzzy posted this morning:

V Group has sold Pumped Fitness CBD to Suntex Enterprises for 5000 preferred shares of Suntex. These preferred shares convert to 5,000,000 common shares at an average price of $1.25 per share. That is a total of $6,250,000 that can be used by VGID to fund projects, settle dept, lower share count, etc. Pumped Fitness CBD was developed for the sole purpose to sell the brand. AND Sport Water (a completely different brand that does not contain CBD but utilizes our proprietary Dumbbell Bottle and will be able to be distributed by main stream distributors) will be staying with V Group. I went over all this during the most recent Conference Call.
During the negotiations of Pumped CBD with Suntex, I was asked if I would be the CEO for the short term. Suntex is in the process of rolling up companies under one umbrella. This will need the ability to navigate FINRA. As you know, I have experience in this matter. I will be acting as CEO for Suntex for a limited time until a long term CEO is identified and put in place.
I am not leaving V Group. V group is not going anywhere. There are many positive things happening with V Group. AND Sport Water is currently being launched and we expect it to be successful.