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Standing firm here, at least until Q3 fins, as I've stated before.
Still waiting to see disclosures on the cork, but I don't expect that to play out until a bit later this year.
I'm with you on this
As predicted, insiders are getting padded very nicely. Regardless of how well the company may do in the future, and that seems not very likely, you don't pay officers millions in salary at this stage of the game when the pps is in the tank, there is a huge amount of outstanding debt, and of course my favorite, a huge overlying OS. No spin to this mess.
You are right--- If I owned a company that was deeply in debt and not much revenue I certainly wouldn't pay myself those kind of salaries... Also there was there childish love of those fancy cars.. Not inspiring trust I know.... Lets hang on here... Yaniv will be a good sheppard I think.
I agree, Dror had to go! New leadership should bring in fresh money. Existing shareholders may feel empowered to add to their positions.
We'll see how market's react, looks like we sold down a good % before the news.
I'm holding. No reason to sell and flip.
Don't be fooled, what about all the debts in the fins that are not being addressed. He is going to give himself a pay raise with that stinking PR.
I think we will hold positions here and even possibly move up a few ticks
Every single time I have doubted this company and sold for ridiculous prices I ended up doing great damage ot myself... There was a time when they wouldn't answer the phone, no fins at all and us not even knowing if they were still open... I sold at .0001 because I wanted to get something, anything , out of my 100 million shares... I lost it all.... Always they somehow come back and I regret selling... ON the verge here until press release... not much meat but I will hold and not be dumb enough to throw everything away
Just thinking out loud here......enough with the "huge sales" talk. Can that be defined? That would be useful.
And if you need to be vague, could they use a term like substantial?
Glad to see you brother.
Wow, that's it Cash?? So much information left out it's beyond pitiful. Basically Dror is out and huge numbers will be reported Q3. Not too much detail there to better understand this mess. Thoughts?
You also said there wasn't going to be a PR.
Your batting average is zero here.
Q3 will be their biggest quarter ever...
Look at the PR it's funny..like I said 90% VPOR PRS=worthless
Imo yaniv will be a great leader of this company he understands transparency is key when building a business
Just like we thought.
"You'll see a huge gain in our revenues in the third quarter report as Easy Grinderâ„¢ 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."
Let me tell you the truth they won't give you a PR...they want the stock price going down...that's all they want....unfortunately you still didn't get it...
BETTER BE A PR EXPLAINING FINS THIS AM!! IF NOT I AM OUT!
I'm going to buy some cheap shares on this week...
Repead...Buy dip sell high...all depends...
Also I said before you dig more you will lose more...always remember this is OTC...
They delated my posts and changed my posts..I'm on #17 of that funny list..My posted was OMG YEAH=1k all in lol...
And your posts your advice are misleading most investors on this board...now you don't say anything about that?
Aren't you "all in"?
Stewy. None of us deserve this. I am sorry for all of this. It is sad really and hard to believe
I think that is sage advice. I am sorry it has come to this. Thank you Cash
Cash honestly there is only one way you guys can go...that's selling...enough said...
what did I say before?you guys didn't listen....there r too many Yaniv's friends on this board......he is nice?okay but he took your money a way...how is that?
Doc -- if there's no guidance today -- then there's no reason to give them another dime of your hard earned cash.
Wait and see what happens -- then you'll know which way to go.
The 22 members of the "All in" club should be beating down doors and bashing in heads today... officers paid themselves a million dollars of your money while generating what... you all should be demanding an explanation. Blow up their phones, email, twitter... Even if there is more money in the current quarter, which there may be...exactly what in the hell justifies the compensation they took while drowning in debt with no revenues?
That's just stupid. If I was "all in" I'd be meeting someone in the parking lot today.
Are you still planning on buying more Stewy? After today's financials?
Could it be the last 4 months it wasn't actually the shorts and flippers but it was dilution? This whole thing is making me sick. We need an explanation asap on wtf is and has been going on.
I speak for myself and others, I bought heavy and dips because of EZ grinder. Period. If it will never show because it's not part of VPOR there's no reason for me to stay.
Plus, where is the "good news" Audi heard from the show? I'm surprised we haven't seem him yet today with these disastrous fins
Exactly, what I have been saying for weeks.
What we know: Svorai and Nahon finally captured the golden goose that lays the golden egg, the Easy Grinder. How they obtained control and ownership from the inventor, is still yet to be determined.
On 12/12/16, Dror Svorai filed with the state of Florida's Secretary of State, incorporating a company known as EZ Grinder, Inc. Dror Svorai is the one and only listed officer of this corporation. EZ Grinder, Inc. owns the trademark, 'Easy Grinder' and claims patent pending's for U.S. and foreign countries.
In January of this year, the Easy Grinder was introduced to the public at a trade show in Los Angeles.
Total Vapor, Inc., a subsidiary of Vapor Group, Inc. was chosen as the exclusive worldwide distributor for the Easy Grinder.
With Total Vapor's promotions and displays at various trade shows and locking up contracts with several distributors, the Easy Grinder has and continues to be a very popular item. In all probability, funding for the production, promotions and the factory set up in China to produce the Easy Grinders, came from the Vapor Group Inc.'s resources.
At the end of June, this year, Svorai resigned as an officer of Vapor Group and Total Vapor. There can be several reasons for this, to avoid a conflict of interest if Svorai sells EZ Grinder, Inc. to Vapor Group, Inc. or perhaps a merger between the two companies. Another possibility is that EZ Grinder will buy a public shell company in order for Dror to retain a public company to continue the sale of Easy Grinder. A buyout of EZ Grinder by a third party, is not out of the question either.
What to expect: Vpor stock will tank this week due to panic selling. Probably will stay that way for weeks. I'm not selling, I will probably buy more stock if an announcement of a merger or buyout of EZ Grinder happens.
This is in my opinion only and in no way advice as to anyone's investment decisions, concerning Vapor Group, In. $VPOR
Why is no one talking about they are doing dilution again from last quarter to this quarter? OS has increased 20% From 1st quarter to 2nd quarter
1Q OS: Total shares outstanding: 4,222,963,021 as of: 3/31/17
2Q OS: Total shares outstanding: 5,073,788,021 as of: 6/30/17
The increase is mainly from below which has yet to be addressed:
Shareholder Shares Issued Issuance Date Consideration Restricted
Private Investment Firm 370,000,000 4/19/17 Debt Conversion No
Private Investment Firm 480,825,000 4/24/17 Debt Conversion No
http://www.otcmarkets.com/financialReportViewer?symbol=VPOR&id=177330
I can't believe these bozos are paying themselves close to 1.2 M every quarter when the company is in so much debt and not making any profit. Vpor is going to fall hard to the triple .000's IMO. This sucks, I bought high and will lose my money. Don't give these sleazebags another penny. I was not too bothered by the fins but when I saw how much they are paying themselves it made my blood boil. Shame on them!!!
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.
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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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