Vapor Group Inc (VPOR)

[CashBowski]

I see more recycled news...


The Amsterdam deal was PR'd 2/28/17...remember the PR about how 20,000 units were sold with gross revenues of $1,000,000 and the Euro deal will be in the following 20,000 units with another million in revenues...3rd time is a charm I guess, right? Lmao

Just like the last PR about CBD was PR'd in 2016... and the one before that with Potnetwork Distribution that was also old news. Folks that have experience with this pattern (including you) have already found the correlations as to why they're issuing old news...hint: facilitating ~$1,000,000 court settlement in toxic debt conversion (min. +1Bil shares will be issued), and another 650 million shares left of 850 million shares that was issued in April.

I guess this PR is pretty much obsolete since clearly they have no intentions of paying off their debt the ol' fashion way.

August 22, 2016:
Dror Svorai, President and CEO, added, "We are paying down old debt to prevent the issuance of additional shares of the Company from the conversion of this debt which can only result in the further dilution of our common stock." He added, "We regard this reduction as being good news for our shareholders. Clearly it also benefits the Company since it will help us improve our financial strength. In order to pay off this convertible debt, the Company borrowed funds at a reasonable interest rate on terms that do not include any conversion rights of debt to equity, or in any way require the issuance of equity, options or warrants by the Company."

Simply Green seems to be a one man operation (takes some translating) with a B&M in Amsterdam, and a non-working website under construction. If you do a site search by entering... site:simply-green.nl into a google search field it returns their product pages with an error message to contact [e-mail]. Odd!

The CBD PR was a crack up...

We want to be on the front of the wave in the rapidly growing CBD market arena and we believe that's just what this market entry does for the Company and our shareholders."

They must've missed hundred other CBD companies that have been on the front of the wave for years. Today, the CBD market is so saturated that all these latecomers trying to jump on the bandwagon don't have a chance in heck to compete, and perhaps it might've helped if they had pursued it in December 2016 when they first issued the PR...a year later digging it out of the recycling bin seems desperate.

Mr. Nahon continued: "Royal CBD, Inc., our wholly owned subsidiary, sources directly from third party manufacturers, and already has major customer-resellers of CBD products to buy our products.

If their CBD is sourced from 3rd party manufacturers, then what's so special that you couldn't find it relabeled with dozens of other resellers? Seriously...maybe their new creative writing company they've hired at pubcopr.com instead of quoting other publications, could've dedicated some space to specifying what exactly makes their CBD so unique that they would be competitive in a over-saturated market. Heck, they could've just re-issued the 2016 PR!

From CBD PR 12/2016:

"We are today beginning the process of launching the nationwide marketing for our CBD line, and anticipate strong initial sales. This launch is only the first of many as we sharpen our focus on products for the growing MJ Market by the addition of many additional brands."

From CBD PR 11/2017 (11 months later):

The Company believes that the revenues to be generated by this new subsidiary, when combined with the Company's accelerating sales of Easy Grinder™ will have a significant positive impact to the Company's bottom line this fiscal year."

Sure it will...just like the significant impact the non-existent $2 million in Easy Grinder sales and distribution had. He forgot to add: Quote: ... Each week our pre-sales from consumers and distributors alike have escalated, such that we find ourselves constantly revising upward our revenue and profit forecasts. As a result, we believe 2017 will vastly surpass any of the Company's prior years' performance."

----------------------------------
Simply Green in Amsterdam: