BB's Stock Haven

[stervc]

Key with VPCO ex-CEO Buying 1.4+ Billion Shares

The Form SC-13D has detailed out that the ex-CEO (Kevin Frija) of VPCO has recently bought a total of 1,405,910,203 shares out of the open market:
https://www.sec.gov/Archives/edgar/data/844856/000149315216011158/sc13d.htm

Item 4. Purpose of Transaction

The reporting person acquired the securities reported in this statement for investment purposes without a view to public distribution or resale. The reporting person does not have, as of the date of this statement, any plans or proposals which relate to or would result in any of the actions or events specified in clauses (a), (h) or (i). With respect to other events specified in Item 4, the reporting person may seek to influence the company to change management, acquire or merge with a business; complete a reorganization; change the present board of directors or management; make changes to the present capitalization; make changes to the present articles and other related changes. The reporting person reserves the right to dispose of all or a portion of his holdings of securities of the Issuer or to change his intention with respect to any or all of the matters referred to in this Item 4.

https://www.sec.gov/Archives/edgar/data/844856/000149315216011158/sc13d.htm


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