Thursday, March 21, 2019 2:09:57 PM
Don't really know. I have not been around for a while. VGID Annual Report was interesting though. Looks like VGID has some money in the bank ($295,000?).
The SNTX thing is kind of curious to me. Might want to do some research on all what happened there.
SNTX gave Buzzy 250 million common shares and 5 million Preferred "A" shares, along with a Website for SNTX. So, Buzzy owns SNTX. He became CEO of SNTX because he appointed himself & not because SNTX did.
SNTX (Buzzy) then acquired "PUMPED CBD Fitness" beverage from ? It is unclear if Buzzy owned "PUMPED" or VGID did.
SNTX was way behind in filing financial reports and looked like it would soon fall by the wayside. A prime candidate as a cheap take over. I assume Buzzy shelled out a small amount of money and allowed Anderson (former CEO) to take the assets (BITCoin mining equipment) as part of the take over.
A couple of interesting possibilities here, depending on whether Buzzy or VGID owned "PUMPED". The first being, if VGID owned PUMPED, those share holders may get some shares of SNTX. Or, this could become another vehicle for another spinoff company to VGID share holders if it is used to bring a VGID "incubation company" public. I wonder what the status of the Hair Cutting business is? I have not heard about that incubation company for some time now.
It all comes down to who owned "PUMPED" prior to it being acquired by SNTX. I've searched the VGID Annual Report and do not see any revenue or mention of the "PUMPED CBD Beverage" in it.
Interesting series of events there and something to keep an eye on.
HOPE IS MOTIVATION; REALITY IS PROFIT
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