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.
Unsettling is putting it mildly.
I'd venture to say alarming would be a more fitting description of current events.
Not happening brother...that was it! There's no Guidance.
They've issued 2 PR's since fins, neither of which addressed one iota of what exactly is going on here, or what to expect. They're well beyond point of no return.
If they themselves can't outline what to expect, then what's the point to all this?
Note 6- Legal Matters
On July 5, 2016 the Company voluntarily filed Form 15 with the SEC in order to cease reporting obligations under
Rule 12g-4(a)(2) of the Securities Exchange Act of 1934 (the “Form 15 Filing”). Subsequent to the Form 15 Filing,
two (2) debtholders have filed separate legal actions against the Company for the collection of an amount of either cash
or common stock to which they believe they are entitled under the terms and conditions of each’s respective debt
instrument.
On or about July 15, 2016, an investment firm filed a civil complaint against the Company in the United States District
Court for the Eastern District of New York, alleging a breach of a convertible debt instrument in face value of over
$75,000. The Company has contested the allegations and the matter is pending.
On September 23, 2016, an investment firm filed a civil complaint in the United States District Court for the Eastern
District of New York against the Company and its CEO alleging a breach and default of a convertible debt instrument
in face value of over $75,000. In February 2017, the civil complaint was settled by binding arbitration. No issuance to
the investment firm by the Company of capital stock of any class occurred under the settlement.
On January 17, 2017, an investment firm filed a civil complaint against the Company in the Third Judicial District
Court of Salt Lake County, State of Utah, alleging breach of the terms and conditions of a convertible debt instrument.
The Company is contesting the allegations. The complaint is undergoing binding arbitration.
Note 7 – SUBSEQUENT EVENTS
On July 20, 2017, Dror Svorai, President and CEO, resigned as an officer and director of the Company and from each and of its
subsidiaries. Simultaneously, with Mr. Svorai’s resignation, Yaniv Nahon, Vice President & Chief Operating Officer, assumed the
role and responsibilities of President & CEO of the Company and each of its subsidiaries. Simultaneously on July 20, 2017, Dror
Svorai entered into a stock purchase agreement with a privately-held company, SF Holdings, LLC, (the “Purchaser”) for the sale and
transfer of 100% of his Series A Preferred Stockin the Company, which represents voting control of the Company (the “Agreement”).
Under the terms of the Agreement, effective on July 20, 2017, the Purchaser obtained any and all rights to voting 100% of the shares
of Series A Preferred Stockwhich was held by Dror Svorai, transferring control of the Company to the Purchaser. As a result of these
events, Dror Svorai is no longer an officer or director of the Company, nor the controlling shareholder ofthe Company.
Also on July 20, 2017, Jorge Schcolnik, Chief Financial Officer of the Company, was appointed a member of the Board of Directors
of the Company.
Missed opportunity.
With a conscious decision to avoid the topic(s) at hand, I have to assume our new SF friends are calling the shots... Unsettling.
Still getting his ducks in a row? There had better be another PR next week.
Lol because we're not worthy, bother. So sad!
How come I wasn't thanked in that PR lol
NEWS:
LMAO...NO Guidance!
What a joke!!
I don't know if it's them.
I'm just throwing this link in with slow pokes connection of SF Holding companies.
Wait so now there was NO officer compensations???
Look at the revised financials
The only SF Holding showing up in NM corporate records:
https://portal.sos.state.nm.us/BFS/online/CorporationBusinessSearch/CorporationBusinessInformation
These guys are a joke... Why do you think its them? If it is them what could they possibly offer? opinions please
Billions of shares outstanding CEO Pocketing a MILLION while showing only thousands on the books. Very telling for the direction of this stock. Use caution here!
another post to remember----you are being taken to the cleaners here over such a long time now---wait until they see the jig is up and really start a mega share dump-------tmonkey
You are entitled to your opinion; time will tell. The patient investors will be rewarded. This is a long term investment. Just remember this post...
Just my opinion.
disagree!your sounds not logical!!enough said!!
Be realistic folks...this is not a get rich quick scheme. Try to understand the business aspects of this stock. EG was just released. There are lots of costs involved, manufacturing, marketing, transportation, etc. It takes time to start seeing profits.
We may or may not begin to see any profit until at least 4 Q. Don't expect too much too soon. Be realistic and look at the big picture. This stock has a lot of potentials in my opinion.
Comic relief? Please explain, if you can.
Be wary of input from someone giving non-constructive jiba-jabba.
Yeah, agree with you. Once Yaniv earns all of our trust, we can start anew. Until then, hammer away because sooner or later he'll reveal his intentions and true character with the constant pressure from we longs especially.
If this is a true story, your buddy needs to grow up and realize what hes dealing with. OTC is crazy and panic selling is never a good idea. Hope you mend the relationship.
That was hilarious!
Damn Stewy! One thing I learned is don't give OTC investment advice to people I care about without letting them know the consequences. That said could happen to any stock. If he hasn't sold and assuming in October it goes to .01 I hope you guys look back at this and laugh but punch him in the face to call it even and shrug it off!
I hurried to finish my last post as I had a knock on the door. My life long buddy of 25 years that is also a shareholder of VPOR stopped by. I opened the door and said hi and stepped outside onto my deck. I always shake his hand when I see him. Always... When I went to shake his hand he took a swing at me!
With all my training, out of instinct, I deflected his punch with my left shoulder and forearm. I spun him 180 around, kicked out the back of his knee, and put him in a full nelson till he calmed himself down. Long story short: he blames me for buying VPOR shares and how much money he lost on Tuesday. He told me he sold a lot of his shares out of panic. Before I let him up. I told him I want you to walk straight back down my drive way and go home. Call me tomorrow when you got your head straight.
Seriously! people are getting hurt now! A 25 year long friend took a swing at me. Come on Yaniv and Team, I don't deserve this....we as shareholders don't deserve this.
Hey man I 100% understand your POV. I truly believe in more transparency 2x too because of the past.
That said, we keep hammering them to do something, or we just sell.
My criticism will halt immediately once Yaniv provides enough evidence that shows he is not only a competent leader, but not corrupt. At this point, there are many hoops of fire he needs to go through to provide that evidence. If somehow he does, I may even get back in with some serious money again. For now, I am content with keeping a relatively small position and watching this whole thing unfold before our eyes. Vpor is turning out to be better than most reality shows...sadly.
I get it! Kept just enough to talk shit, I'm still very profitable on my trade. To me it's not about that.
At the end of the day opinions are like A-whos & everyone has one and they all stink. You have a gamblers-small-lot-position now which makes your recent loss even less bias.
Hey guys! I have been mostly responding to private messages lately. Their have been a ton coming my way. I know a lot of us are down big time in our portfolios, some of us thousands and thousands... We know who we are.
My thoughts are neutral at the moment as negatives and positives of this stock are oddly in balance. I will not list the obvious negatives ATM, but the positives are still there. If you believe in this stock .002 is a good price per share. The recent shows proved Yaniv and team are out their trying to sell the crap out of the company. These show also added new vendors which we can confirm. Yaniv allowed one of our share holders into the New York City show that really wasn't open to the public. That was a class act and he didn't have to do it.
I know how a lot of you feel. I feel like poop too, but I am giving Yaniv and team the chance to deliver for us. We have been footing the bill as shareholders for a good while now. Fair is fair, and VPOR knows they owe us one.
Stewy
Actually, not really reeling at all. Sold most of my position at a small loss and put it into my biggest holding and am up 11% on just my new money 1 day after selling. Recovered that loss and made unrealized gain overall. I just want to be a part of this train wreck in some small way. I'll also feel much better about criticizing Yaniv and Co. if I still have some skin in the game. And I will be a much bigger critic than I have been already.
Are you kidding?? Engines is the best this board has for comic relief...and we need it badly after the crap we are being dragged tbrough. I may not be all in any longer, but still have a stake out of sheer morbid curiosity of this thing actually doing something remotely good for shareholders. Vpor can no longer hurt me..
It is time Bill... the time is now.
Thank you Slow... Now is the time for the good stuff to happen.. corks is so huge ; it will be amazing
Good luck and much happiness
Bill
Dude.. I am really sorry for your loses, things like that can crush people. I wish you well in the present and future.
What a kind and sweet thing to say.. I appreciate it and you as well. God looks after his peeps you know that...
all the best... This will be fun
Bill
We both have been here a long time my friend
And let's just put it this way
If Yaniv is screwing with us I am sure he will get his from our maker...
No one should go through what you went through over the last few years and I am sure VPOR didn't had any joy to your life
I hope for the both of us Yaniv will get us to the promise land...
Take care of yourself
Lucky guy engines... The only dominatrices I know are rank amateurs.....
I don't want to have any information other shareholders don't have. Don't want to have "insider information" so I avoid asking...Of course I want to know but it is at the least inappropriate and at the worst illegal....
I have been an emergency room doctor for more than 40 years. I am 71 years old. I have had stage 4 kidney cancer. I have lost my wife to a brain tumor..I have lost my step-son to an oilfield truck accident.
I know people and if there is a crooked bone in Yaniv I don't see it or sense it or anything else.. That, at my age, is good enough for me
I really believe that the details will eventually be revealed and that we will make a ton of money. That's what I believe
Cash what does this mean as far as potential for assets such as the grinder being transferred to another ticker symbol, I think someone else had posted asking if VPOR could lose the easy grinder to another ticker and then our shares end up losing value. He mentioned they would have to inform shareholders if something like that was going to happen. I have faith in the grinder and simple cork as well but I don't have a good understanding of what all can happen with these stocks
Will Wall St look at this as a Blue Chip for 3rd Quarter?
What I mean is: Wall St has expectations on earnings for companies they care about (obviously not sub-penny stocks). Hypothetically, if people have to wait for 3rd Quarter results, that means there is all that much more pressure on the results due to the extended delay. So, EVEN if the financials are "good" in that they're making substantial profit, WILL WALL STREET LOOK AT THIS AS SIGNIFICANT ENOUGH PROFIT TO BUY BACK IN??
When it comes to mainstream stocks, Wall Street does not just care that profits go up (even a substantial amount), but it's the rate at which they go up (rate = profit/time), and now time = BIG!
Will Wall St be viewing VPOR through the same lens as big ticker stocks?
In the meantime, I should start thinking of lies to tell family. I invested my regular portfolio + ROTH IRA portfolio. Yup, that's right.
I know you personally like the guy but if your going to add another 25K shares, wouldn't you ask the guy for added comfort what is the business model/vision going forward?
We talked about other stuff not related to company. I dont ask him vpor questions because I feel it is not appropriate to do that I just know he wanted people to realize that the fins were cirrected vis s vis his salary But the board had already noted that. My faith in the company is solely based on my liking him and trusting him. I did not ask him about your questions I would like to know the answers to those things as well. Sorry I am not much help
Loaded more shares at .002! I'm gonna believe we have a winner here! Buying the lows baby!
Looks like next week will be a great time to buy. IMHO
Thanks
You have been on this board since I started in late 2014 and your input is highly valuable...
Thank you for all your help and guidance. Its sad that a shareholder is doing better job then any PR firm they ever hired...
Like I said before if they are going to screw us I hope most people on here will join the fight in making sure the entire world will know what crooks ( allegedly) Dror, Yaniv and anyone else that is involve in this mess
People like to forget their mistakes and let someone else get screwed too... Believe me I will not sit on my hands and will make sure to let any future investor, vendor, customer , business associate what we experienced with them...
It's not too late to turn things around... They can easily turn the mode around but they need to communicate and fast
Lol...I couldn't describe all this in better terms...monkey business.
I wonder how's that forward guidance that Yaniv has been drafting for the past 4 days coming along?
It must be a doozie to expend so much time and energy on it -- I can't wait to read it tomorrow.
Maybe later today he can muster up enough energy (if he hasn't worn his fingers to nubs drafting that PR) to respond to his messages, and not only those coming from shareholders that are about to dump $20k in his stock. I wonder if Canadian will get the same professional executive don't worry -- be happy response.
Absolutely, if 3rd qtr fails to meet expectations I'll be looking elsewhere myself. This is just noise and drama right now. One good PR will turn all these frowns into smiles. My only expectation, the only thing that I demand, and the only thing this company owes me is the continued execution of the business plan followed by an obscene ROI. GLTYA
Doc when you spoke to Yaniv what did you guys discuss? Anything you can share with us fellow shareholders. Did you ask him if he can answer my email? Thanks!
Good times you are 100% rigth, detail PR from Yaniv is due.
not me. While I haven't spoken to Yaniv personally I see how things are going and if Q3 is bad then I will take some measures but for me and dealing with OTC in the past this is merely a hiccup.
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: |