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Re: ChuckBits post# 6739

Friday, 02/12/2016 2:09:19 PM

Friday, February 12, 2016 2:09:19 PM

Post# of 61886
I received an answer from the Transfer Agent:

The current issue and outstanding number of shares is 475,597,698.



Previous 8k accused VPCO of violating the following law:

17 CFR 240 12d2-2(a)(3)
The instruments representing the securities comprising the entire class have come to evidence, by operation of law or otherwise, other securities in substitution therefore and represent no other right, except, if such be the fact, the right to receive an immediate cash payment.

This is not very descriptive

Looked like wash trading on the downward move yesterday though.

http://www.investopedia.com/terms/w/washtrading.asp

DEFINITION of 'Wash Trading'
The process of buying shares of a company through one broker while selling shares through a different broker. Wash trading can also make a stock's volume appear to have a lot of activity resulting from the repeated buying and selling done by an individual or firm when, in fact, the shares have never changed owners.

BREAKING DOWN 'Wash Trading'
Wash trading is illegal, as it is done in order to manipulate the market and prompt other investors into buying the position. A quick turnaround in positions isn't considered wash trading, as long as the transaction creates market risk for the trader and changes their market position, even if only temporarily.




Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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