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I'm upset with the way things turned out but me and my 10M are staying put. I am in a position to remain patient. I know that 3 month from now, we will be higher than where we are today.
Anyone else thinking about bailing today? I'll be heavy loading at 15. Let me know when you decide to put up the bargain sale!
It's not Jorge, it's Yaniv that's responsible for making sure those numbers are correct. If he can't understand how to read a balance sheet, then he shouldn't be in the position of CEO of a public company.
That seems about right if you're factoring that price based on percentage in draw down from each run up?
I noticed that each time it down trended approximately 80% or so before it reverses. My trend line currently has .0013 in sight by 9/1, and 80% drop from the top of trend line will be right around .0008, although this would be a much longer span of time than from previous instances.
Yaniv was putting out the false and misleading PRs.
I'm saying if you can't afford your losses just sell sell sell....or stay here..the price could be all way down to 0.0001....I like this game..it makes me so high...the game is just a beginning...
Need proof, otc market still has an A/S of 8,000,000,000 on the board
Did the news say that ?
BUY ASAP! Start buying now! Company is buying back shares..
Yaniv, Mr. Jorge L. Schcolnik accepted his director title to immediately drop the ball with the Q2 financials. Than smudged the numbers again and are still wrong... I'm not mad at Yaniv at all, Jorge is the one to blame here and you're (Yaniv) taking all the heat for it. If my CFO did what Jorge did... he would of been shown the door than hit in the arse with it on the way out!
Investing or dipping ? Make uo your little mind. How does an investment work ? Ask yourself.
Stop losses are your best friend in the OTC.
Ya, I figured. Well, can you do me a favor?
I still own, so tell people to BUY BUY BUY, then I can sell, ok?
god, this is the worst, real life nightmare.
Engines so I can come back in at 0.0008 :)
i'm still in this thanks for the info on who is selling and who is staying.
just as long as its not a transfer from the inpatients to the outpatients---
Just kidding.... I know you are right but who knows how far this will drop...
Actually it's fitting... patients in triage in the middle of a war zone waiting for the next bomb to drop... meanwhile our a$$ is hanging out our ER gowns -- and we find nurse Ratched is our only hope. Hold on to your gurney brother, and pray Ratched is in a good mood :)
Once the MJ craze begins again, I'm sure we will have another group of hopefuls to get you out of this mess. 10 to 1, Yaniv is thinking the same thing...just counting on the next batch of suckers to swoop in and fund his lifestyle for another year, and so goes the circle of life within the OTC markets.
I'm wondering if it's too late for me to sell
It's just so low, my ENTIRE portfolio is down ~55%
I haven't even checked my account to see how many Bids out there for me to sell to.
How about this: we all remain quiet about how bad 12,000 sold units is, and then hopefully a whole new generation of stock-buyers will jump in and think, "wow, 12,000 units...this is great!!"
what to do...what to do...I've NEVER been down like this..not even close. Uncharted territory. Roth IRA included...yup, i was that reckless.
You know it's patience right? I bailed out at end of day yesterday. Easy to rebuy in trips before q3 drops.
During panic is a great time to buy...an investment is the exchange of good money from the inpatients to the patients. Known what you own. Just my opinion.
looks like going to trips... what a mess... I wont sell though
They could give us an idea of where the sales are currently. Many companies do. When Apple hits the streets with a new phone or something, they proudly tell the world what they have in orders. I know this isn't Apple. VPOR had no problem telling us that they sold 20,000 units on two separate occasions back in the earlier days. I don't need it all to happen overnight, but an honest upward sales trend would be welcomed.
I can tell you it's not going happen at this time....but any way if it down to 0.0001...I wi be happy to buy a lot more...
0.001 we go soon
I used to have 30mil shares at 0.0003,4,5...but I sold them all at 0.0050....now my average is 0.0013.
That's still some hell of a profit!!!
I am sorry to hear that... All you had to do was wait and not even look.. Shame you did that... Hope the pps drops and you can buy back more.. Want you to make it big
Good advice Cash.... I will take it... thank you
50 million shares @ .0004 average. All gone except 1 mill ill keep here for a while ;)
Stew, those invoice numbers started being manipulated the day they realized people were keeping track of those numbers, when someone here figured out they weren't selling many. It's all bogus.
Doc, wait for a better price and more opportune time. Right now you're throwing good money after bad and you've already taken a hit on your earlier buys.
Maybe let it find a base and then step in, otherwise this strategy makes no sense. The price has been trending down for months, and currently in a downward spiral. It's up to you, but I hate to see you buy all the way down, when you could be waiting at the bottom and scooping up even more.
Currently the market is still correcting, and there's no fundamental or technical reason for this to bounce.
GLTY
Panic is good for picking up more shares!
Instead of 40k grinders, How about 400k grinders this time! Come on their is speculation a 650,000+ order number is out there!
It is panic sell day 2, the PPS could drop even more.
The pps drops, I,m buying more! Money to be made here!
This is going to get really fun as we enter this new phase with honest guidance and growth and really good stuff.. Great chance to get on board. Sleep tight everyone.. Try and not worry it just needs time. Great product and cork coming go VPOR---Take u s home Yaniv
yes just keep senslessly buying more lol. Even before and after an R/S. Don't stop don't ever stop.
Honest? What about that Surprise for investors tweet? And the huge lack of transparency. He's playing his cards at all the right times for him. Any thing positive at this point is just senseless damage control.
Correction:it's 200 millions shares not 200k sorry!
What did I say?no matter what at least yaniv is honest now...I like that!!I usually hold TOC shares around 2 weeks...and sell ....now things are getting very interesting....
I want to know who bought the cheap shares?I have a lot Vpor shares...and I hope the stock price all way drop to 0.0001...I can buy more....but I don't think that will be happening at this time...I absolutely keep buying....when every time price drop...
Let's try and look at some numbers here. YTD 2017 the company is at a loss for 1.4MM, possibly 2.6MM if some magical reason this officers compensation comes back. Let's assume year end there would be 4MM in losses at this rate. That means the company would have to make 4MM in profit to break even. How many grinders at what mark up do we have to sell in order to be at par. Let's assume VPOR buys each grinder off EZ Grinder for 20$ cause they made them in China for 5$-10$ . We sell them to distributors for 50$ and sell them individually for 140$ (exaggerated maybe but just thinking out loud) ultimately we need to sell 60k-80K roughly in units to break even. Based on 12K units how does Yaniv plan on pulling this off? I would like to know the margins now that they cleared up a bunch of unexpected information. If he sells 40K grinders by year end and paces for 80K grinders next year, he can actually pull this company out of the hole especially if he pays off the bad debt and doesn't pay himself some exaggerated salary.
Yaniv these are questions I would like answered
At the very least, there will be a run from cork, imho, not sure how far where that will take us, from where, but there WILL be a run
i think its a great idea that we raised the price
another seller on amazon... smartie store
https://www.amazon.com/gp/offer-listing/B07177NZ3K/ref=dp_olp_new_mbc?ie=UTF8&condition=new
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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
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