Cannabusiness Group Inc. (CBGI)

[Juschilln]

For those of you who still have inactive ENKG shares in your accounts, I requested information from TDA and received the following response:

Thank you for your inquiry. Whenever a security performs a reverse split or exchange into new shares, it requires us to remove the original position from our records and replace them with new shares we receive from the company. Accounts are then updated to the new side once the Depository Trust Company (DTC) receives the new shares. At this time, DTC has not yet received the new shares due to 1:200 reverse split for ENKG.

These kinds of exchanges are typically complete within a few business days, but can sometimes take longer for non-US based companies or OTC listed securities. In addition, the depository has noted the new shares are not eligible to be held in electronic format, but they are working with the company to make them eligible. Otherwise, the company will have to deliver physical certificates, which can also delay the process. Your account will be updated once DTC has the shares.

Please send us an email with additional questions or concerns or contact our Corporate Actions and Dividends team at 888-723-8504, option 1, Monday through Friday, from 9 a.m. to 5:30 p.m. ET (excluding market holidays).

Sincerely,


Matias Eisenhauer
Apex Corporate Actions and Dividends, TDA
Division of TD Ameritrade, Inc.

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