Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
LOL still dream on that?a glimmer of hope?
You will go down with the boat...
The hype and PRs are about the EZ Grinder ... which this Company don't own or profit from ...
The Cork is a complete joke...
will never be a product and will never make a profit ...
I would wait it out abit before you do! but who knows maybe tomorrow they announce in a PR they have sold 100K+ units resulting in 7MM in revenues and will reflect Q3 fins
I was going to add big time on August 18 when money is available... Unsure now... what does everybody think?
Guess you were right
Please send the info to the SEC so they can take appropriate action
And to my understanding, Dror owns EG, as in Easy Grinder inc, a private company. He makes a profit off each one sold and Vpor as the distributor does also. How much is anyone's guess. If Dror walks away with EG rights in hand, then it's game over. And with what's been going on with Dror being taken off the records, seems to be a possibility. We haven't heard anything substantive about Simple Cork. Who knows, maybe a ghost product with no intention of being made. Do we know which officer banked a million dollares?
There will be no easy grinder Fins.. VPOR Does not own it, total vapor is an exclusive distributor of the easy grinder and who knows the amount they make off distribution...
sorry i signed in on an old account. i would like to know in a PR what their orders are for the quarter at this point as well as future orders for Q4. as lord mentioned there has to be a reason why the price is going up.
it seems they were orders placed and not actual sales. i would agree they would be in Q3.
Also...am i missing something? Revenues in Q1 report were $65.6K, revenues in Q2 are $49.5K, but 6 months ended 2017 revenues are $222.7K?
Until your loss is realized you are not losing :p
Trading for a living vs investing money from employment come with two different mindsets. Some people don't understand technical analysis and some people don't understand fundamentals. Some have short term view (seems to be your strategy) and some have long term which are those that think logically that the sales were not on these Q2 fins for a reason. Unfortunately if no PR comes out it's the investors that will feel the temporary affect but they will hold and be rewarded in the next quarter
Yes i will do the same but I don't dream like many people here..... for me buy dip and sell high...all depends...this is OTC...you have to know this...
Yes because people like you will panic without understanding why the financials reported that way and will sell because of fear I will be buying if this stock goes down and make a boat load by October
So what...it will help stock price going up?
The Company's subsidiary, Total Vapor, Inc. is the worldwide distributor of the
revolutionary, hand-held automatic Easy Grinder ( this is in every PR ez grinder inc. owns the easy grinder)
---------------------------------------------------------------------------
....to accelerate its production and delivery, it is investing in its own manufacturing facility in China
---------------------------------------------------------------------------
Investments 100 $ ..... from qrtly report
I don't understand that why people start continuing dreams over and over ..?i only see the fins number not good at all for now ...so VPOR stock will drop down under 0.0020 for sure if there is no a good PR tomorrow...
You are correct. Everyone who is panicking on this board is due to the fact that in their heads they assumed it was now and are impatient and expected to make a quick buck
Not sure, my point is that theres no way any grinder sales are being reflected in these financials, im not an accountant im not a professional trader, but i have common sense and theres no way they are going to commit fraud, they already announced they presold 40.000 raising 2 million, that is not in these financials.
I see no mention of ezgrinder in the qtrly.
Gee, why didn't we see this coming. See
post#101345. Time permitting, I'll try to do some 'IMHO's' later tonight. $VPOR
I hope Yaniv puts out a PR of a lifetime with a ton of forward guidance and very much needed clarity about what's going on with the business behind the scenes...and there appears to be alot. SF holdings??? This company is more mysterious than the ancient Maya, Atlantis, aliens, and who shot JFK. If Vpor doesn't work out for Yaniv, he'll always have a job waiting for him as a magician. He definitely knows how to make our money disappear and wind up in his account.
Well... Let's all bust out in tears about what we knew was coming. We all knew sales were gonna be weak because of the delays. Come on folks. Hang tight. It's a roller coaster. Your in the OTC. Honestly. Who hangs on to a pink slip more than a week anyways. If your long stay long. If not .... Shut the fudge up and keep flippin.
Looks like two sleazebags took shareholders to the bank. Happens all the time. Shame on us for trusting two strangers, one with a shady past. We drank the koolaid and paid for it. Me and my 11m shares are not happy.
Sorry, I forget. When did the start shipping the ez Grinder? Was it 5/31?
I'm just heading home from my office now, and will do some more research as soon as I get settled in and keep you posted.
Stewy what does your instincts tell you?
Do u really beleive that any grinder sales
Are reflected in q2, i dont think so. Do u
no apologies needed. I made my own choices =D Q3 is likely to be HUGE!
Stewy-- I apologize if I lead you wrong... I would never have believed fins were like that... makes no sense to me
I wouldn't be surprised if some or all of those piddly debt amounts are somehow related to the upcoming arbitration. If the company believes they have a strong case they may hold off until it is settled one way or another.
what an asset you are Cash-- thank you
As proof I brought up my post from June 10th, 2017. (Still in Q2 financial range) If I am order number 41,111 why isn't the other 40,000+ grinders sold on the books?! please click the original post (98165).... Something with the books for Q2 is wrong and clarification is need immediately.
I was wondering the same. Unless because of the new factory they couldn't manage production in that quantity by June 30th to bill and book for the quarter, especially since they only had 3 weeks left of the quarter from when E.G. became available.
Where's KBPonto when you need him?
so weird... thanks for checking cash... please let us know
That is just unbelievable... they are huge... why are they messing with vpor?
I don't know who they are. I searched FL SOS thinking 'SF' is short for South Florida and couldn't spot anything.
Google search shows several SF Holdings LLC as a private company, one in particular stands out in Chicago in the financial sector.
There's another one in China -- public, but definitely not it.
You are correct, they do have the majority voting block since that's what the series A preferred shares represent. I'm wondering if this is Yaniv's company set up in state of Delaware or Nevada which I haven't searched yet, or the one in Chicago.
I'm wondering ehy the accounts receivable wouldn't reflect any billable items for revenues. I hope they clarify.
Wow! SF Holdings. A billion dollar company.
https://www.google.com/amp/mobile.reuters.com/article/amp/idUSKBN167148
Who is SF holdings and do they control the company as it appears they do
Vapor Group "wholly owns and operates Total Vapor Inc., Vapor 123 Inc., VGR Media, Inc., Smart Wheels, Inc., and Simple Cork, Inc."
They're not going to itemize financials based off each division.
On another note, I wonder what the $150 price for EG now implies as Kinglord discovered?!?
This is going to create shakey hands IMO. 3 months is a long time to sit on a ticker that isn't showing signs of rising. Plus in 1 month the market will start up hot again.
Im a sad bear.
I did very quickly and I'm going to have to go back to it to double check some things. It seems he sold only the voting block of Seies A shares to SF Holdings, and still owns his total number of Convertible Series B shares which are locked up until October. Since he's out, then he needs to return a good portion of those shares to treasury and reduce the total number of outstanding shares.
Did they spin off EG and simple cork already. I only see total vapor in these fins (as compared to previous fins.).
Why? Why did he say it wasn't bad.... it was awful... and who has the voting rights now... Who is SF
5 THINGS CONCERN ME
1) Not reporting EZ Grinder revenue (not even in the Accounts Receivables)? My guess is they are still working on the price for EZ and don't want to disclose their profit margin yet to avoid competitors.
2) Lack of communication on PR's regarding future sales/deals? 40K units were mentioned at the first quarter but not reflected in the 2nd quarter?
3) Outstanding shares increased above 5 Billion so more dilution has taken place??!! "The Company had 5,073,788,021 shares of common stock issued and outstanding as of June 30, 2017"
4) Pay off your debt? You have had them since 2014. Pony up and pay it off like responsible adults. Company is bleeding money until they are paid off. One of the first rules of basic budgeting.
5) Officer compensation. I have yet to see any ACCOUNTED progress for 3+ years to justify a that much in compensation
CB, you catch the part at the end where dror sold all has voting shares? Where does this put yaniv?
Followers
|
957
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
111920
|
Created
|
08/17/10
|
Type
|
Free
|
Moderators |
Easy Grinder™ Video Link here
On July 20, 2017, Yaniv Nahon, VP, COO and Secretary of the Company was appointed the new President & CEO and Treasurer of the Company, and Dror Svorai, former President & CEO of the Company resigned as an officer and director of the Company and each of its subsidiaries in order to pursue other interests. Simultaneously, Jorge Schcolnik, Chief Financial Officer of the Company was named a member of the Board of Directors of the Company and corporate Secretary.
Concomitantly on July 20, 2017, Dror Svorai entered into a stock purchase agreement with SF Holdings LLC, a privately-held investment company with which he is not affiliated, wherein he sold 100% of his Series A Preferred Stock to SF Holdings LLC and transferred voting control of the Company to SF Holdings LLC. Terms of the stock purchase agreement were not disclosed. Mr. Svorai agreed for an indeterminate amount of time to act as a consultant to the Company's management to smooth the transition.
On August 14, 2017, the Company posted on OTC Markets.com, its second quarter 2017 disclosure statement citing the above changes. The Company also posted its second quarter 2017 financial statements. Yaniv Nahon, current President & CEO of the Company, stated, "The financial statements as of June 30th don't reflect the huge sales gains of Easy Grinder™ to date that we have made since shipping and invoicing only began in early June, with product inventory arriving in multiple shipments throughout the month. So, the financial statements show only a few weeks of Easy Grinder™ sales results." He added, "You'll see a huge gain in our revenues in the third quarter report as Easy Grinder™ sales climbed upward. Also, we made significant sales gains from our attendance at the BIG Industry Show in New York City in August, and ASD Market Week and the CHAMPS Trade Show in Las Vegas in July. This is going to be a very good year."
Link to Press Release here
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |