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Sunday, June 06, 2021 2:54:14 AM
Don't forget to file those complaints, FINRA.org, and SEC.gov
From Mr. BS'er Buzzy himself what ever happened to this press release that caused us to load up on this POS stock in 2017?
V Group Introduces Leaf of Faith
Leaf of Faith's Patience CBD brand will enter the CBD beverage market.
March 26, 2019
Press Release
Vendor News
CARLSBAD, Calif., March 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PRESS RELEASE -- V Group, Inc. has announced that the conclusion of the extensive process of incubating Leaf of Faith Beverage, Inc is imminent. Leaf of Faith’s disclosure documents have been approved and are currently pending uploading to OTC Markets. Once the disclosure document is uploaded on OTC Markets and LOFB becomes “Current,” V Group and Leaf of Faith will be initiating the process of performing the allocation of Leaf of Faith shares to V Group shareholders. The process of allocation of shares is an extensive process. V Group management and Leaf of Faith management will be coordinating directly with both companies' Transfer Agents, DTCC and Finra, to accomplish the final task as quickly and as seamless as possible. It is impossible at this time to establish a definitive timeline for the undertaking to be concluded. As per a previous release dated Dec. 14, 2017, one must have been a shareholder on or prior to Oct. 31, 2017 to be eligible to receive spin-off shares of Leaf of Faith.
Suntex Enterprises: Leaf of Faith was an incubation project initiated by V Group as well. During the finalization of the share distribution to V Group shareholders, LOFB’ board of directors changed. The new board of directors of LOFB decided that they didn’t want to honor the agreement V Group had with the original CEO and board of LOFB. After long and heated discussions between both companies, they did agree to issue “preferred” shares of LOFB to V Group. It is the plan of V Group management to convert and distribute those shares once they fully mature. We are being told they mature November 2021. V group continues to fight for those shares and for their shareholders. The V Group-Suntex transaction has no such warries. By design, both companies retain the same board of directors until the process is completed.
LMFAO
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