V Group, Inc. (OTCPK:VGID) agreed to acquire The Distribution Company from its family for approximately $0.11 million on March 9, 2015. Under the terms of the agreement, V Group, Inc. will issue 100 million restricted shares as consideration after announcement of Fernhill Beverage spin-off. V Group, Inc. will be updating shareholders on the Fernhill spinoff as early as next week. Post transaction The Distribution Company name will be changed. V Group, Inc. will also be moving corporate office into the current facility of The Distribution company at North County San Diego. The Distribution Company generated revenue of approximately $0.3 million for the year ended 2014. V Group, Inc will not be taking control until April 15, 2015.

V Group, Inc. (OTCPK:VGID) cancelled the acquisition of The Distribution Company from its family on March 9, 2016.