V Group Inc (VGID)

[Babaaba]

I told you so what the hold up was confirmed by investor601 and that was the ceo of LOFB that wants to change the ratio of the shares which will be less beneficial to the vgid shareholders. Investor601 impeccable DD

Investor601 Thursday, 10/03/19 04:57:39 PM
Re: Mickey4 post# 42591 0
Post # of 42601
Unfortunately that not how it works per FINRA. A company can’t pick and choose which shareholders receive a distribution and or dividend. It is paid to all shareholders. Best case scenario the ratio will be less beneficial for shareholders, worse case scenario is buzzy keeps refusing to provide T/A and FINRA with required documents and the spinoff never happens. CAVEAT EMPTOR!