Replies to post #42580 on V Group Inc (VGID)

[Steve844]

You are correct. This is all Buzzy's failure to honor his word about the spinoff.

[Babaaba]

BS man look at the LOFB last financials “As at June 30, 2019, the Company had 307,506,680 shares of Common Stock issued and outstanding; as at December 31, 2018, there were 411,902,087 shares of Common Stock issued and outstanding.” Nothing was issued man and all you have to do is contact Medi Mike and he will confirm that to you . Simply ask him “ did you release the spin off shares to the vgid shareholders ?

Can you tell me what would be the incentive for Medi Mike CEO OF LOFB to get the free spinoff shares to VGID shareholders? I say NONE Soon you will understand

Can you now really tell me what would be the incentive for Buzzy to hold the shares he simply can’t as clearly they are in the LOFB financials.

[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!