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.
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.
Company is shedding all convertible debt by end of month and pps has been crushed by conversions. This has caused a need for increase in AS. OS will be around 4B when it's all said and done. It's a nightmare on paper but annual sales are increasing by triple digits. They won't RS this year and have locked their preferred shares as well so they won't sell anymore shares on the open market. People are afraid to call bottom and don't do their own DD. Therefore lots of people will be chasing if they aren't accumulating like a lot of us. Myself and others are expecting the price to recover over the next 7-10 months to .03-.04 which would be a reasonable multiple of sales.
Welcome to the Best kept secret in the OTC. Hope you're getting some too.
I expect vpor to be trading at the same multiple as mc1g when it's all said and done. 20 bagger potential here.
Looking at the 200 DMA x2 as a price target for the run. Unfortunately the longer it takes the weaker the run will be.
Back from my trip with a clear head.
Expecting both sets of fins this week and a close between .0013 and .0015.
My best guess is two small notes left to burn through and the ink is drying on the check for a cash payment to finish off Magna. That should be coupled with a PR ten days from now.
Debt free PR a week from then... Setting my alarm for June 18th.
I took a tour of Chernobyl yesterday. Gonna bring some nuclear power to this stock Monday morning.
Feel like I just read a really bad translation on a package of bath salts.
Let's talk after fins. I'll add some value to your GED.
Let's see.... You were calling for trips for weeks and were wrong, it stayed at .0012+. Then you jumped in and started pumping the sh&@ out of it until the shaky 8k came out and all the sudden you were yelling SEC halt and cooked books after you dumped it. Now you don't have a position and you think you deserve to post on this board. Company prospects don't change that much. Am I missing something?
Let's see who's still here in three weeks Jim.
I don't have the energy to keep this up. I get a lot of messages about you, and your charades as well. People just don't want to say it to your face.
He plays both sides. I won't argue, and understand that we all want the company to succeed, but I have been long for a year and averaging down. I haven't used the same tactics he has. It just bothers me, but obviously others are ok with it.
Now that there's no chance of 7s or 8s I'm sure you'll slap in at 9+. You tried to stir up a lot of fear that was easily dispelled by facts. Hope you learned something if you truly weren't bashing.
Onward and upward from here.
In short, the new AS implies about 2.6B shares outside of an estimate of the OS and the preferred shares. Seems like a lot. However a good policy is to hold 5-6x more shares in treasury than actually expecting to convert. That was stated in the letter. It all implies less than $500k in debt left.
Fantastic work! Very impressive.
Sales up 125% year over year. Debt free announcement is drafted. This is going to soar. The only reason it's this low is from the downward pressure of dilution. If this can have green days with an extra 30% of selling, then just imagine what happens without it.
Revised 10k will probably hit after hours.
Update on The Vapor Group ($VPOR)
Fins are due this week!
Here are the expectations:
$VPOR Q1 Expectations
Revenue: $1.5M+
Gross Profit Margin: 70%+
Net Profit: $1+
Convertible Debt < $500k
SG&A < $750k
Guidance PR: ?
Recently the company executives have locked up their preferred shares until next year. This comes just days after the board has also confirmed that there will be NO reverse split this year. This is a huge step and shareholders are taking notice. $vpor is priming for a huge run.
Prior to this, the company recently provided a guidance letter, indicating their first quarter revenues will beat last year’s, and underscoring the fact that 2014 sales beat 2013 by a staggering 125%! Regarding outlook, revenue projections based on historical performance and industry estimates suggest that this company could bring in at least $8M USD for 2015. Reaching a cash flow positive state is possible this year as well, based on their significant 80%+ gross margin on sales. Looking to the future, industry experts expect the e-cig/vaping segment to mature around 2020, at which time they could easily be generating $50M+ in revenue. One could assume that big tobacco will try to aggressively enter/consolidate the space a few years from now, and mergers/acquisitions are to be expected. If they stay on this track, $VPOR shares could easily approach $0.04-$0.06 by the end of the year as market cap adjusts back to fair value.
The recent letter also acknowledged the balance sheet, and indicated that they have reduced their debt by 68% in the past three months, and the stated goal is to have zero convertible debt by June 30, 2015, as they are approaching a cash flow positive (profitable) state and do not need to rely on such predatory financing for growth. Conventional doors will soon open up! This balance sheet cleanup will apparently be done through payments and debt-to-equity conversions, and if it is on track there is approximately $450k in total debt left on the books. The industry and time The Vapor Group inhabits has placed them in a precarious position financially, but they have been able to grow and increase their market share, regardless of the headwinds.
At this point, the stock has been beaten into submission near par value by conversions, but it will rise again. Additional debt payments are expected in the coming weeks and strong earnings are due within a week. Anything under one penny will soon appear cheap, as the masses realize this company will soon be profitable and lean. I personally hold a core of this stock, and base my opinion on facts that have been given about the company and the industry. My one year price target is $0.05 per share.
Check it out if you haven't yet, as it is only trading at 1x revenues with peers trading at 30-50x.
Best of luck!
Update on The Vapor Group ($VPOR)
Fins are due this week!
Here are the expectations:
$VPOR Q1 Expectations
Revenue: $1.5M+
Gross Profit Margin: 70%+
Net Profit: $1+
Convertible Debt < $500k
SG&A < $750k
Guidance PR: ?
Recently the company executives have locked up their preferred shares until next year. This comes just days after the board has also confirmed that there will be NO reverse split this year. This is a huge step and shareholders are taking notice. $vpor is priming for a huge run.
Prior to this, the company recently provided a guidance letter, indicating their first quarter revenues will beat last year’s, and underscoring the fact that 2014 sales beat 2013 by a staggering 125%! Regarding outlook, revenue projections based on historical performance and industry estimates suggest that this company could bring in at least $8M USD for 2015. Reaching a cash flow positive state is possible this year as well, based on their significant 80%+ gross margin on sales. Looking to the future, industry experts expect the e-cig/vaping segment to mature around 2020, at which time they could easily be generating $50M+ in revenue. One could assume that big tobacco will try to aggressively enter/consolidate the space a few years from now, and mergers/acquisitions are to be expected. If they stay on this track, $VPOR shares could easily approach $0.04-$0.06 by the end of the year as market cap adjusts back to fair value.
The recent letter also acknowledged the balance sheet, and indicated that they have reduced their debt by 68% in the past three months, and the stated goal is to have zero convertible debt by June 30, 2015, as they are approaching a cash flow positive (profitable) state and do not need to rely on such predatory financing for growth. Conventional doors will soon open up! This balance sheet cleanup will apparently be done through payments and debt-to-equity conversions, and if it is on track there is approximately $450k in total debt left on the books. The industry and time The Vapor Group inhabits has placed them in a precarious position financially, but they have been able to grow and increase their market share, regardless of the headwinds.
At this point, the stock has been beaten into submission near par value by conversions, but it will rise again. Additional debt payments are expected in the coming weeks and strong earnings are due within a week. Anything under one penny will soon appear cheap, as the masses realize this company will soon be profitable and lean. I personally hold a core of this stock, and base my opinion on facts that have been given about the company and the industry. My one year price target is $0.05 per share.
Check it out if you haven't yet, as it is only trading at 1x revenues with peers trading at 30-50x.
Best of luck!
I read everything
Doubt it
I see you moved your bid up to 8. Chasing....
If you're in, congrats. If you're out, why?
Hmm csti doesn't look like his 37M will get filled at 8. Wall is crumbling.
$vpor is soaring! Debt free soon!
$vpor is soaring. Debt free soon.
Tens are falling before our eyes
Some history... Terry Johnson, the CPA in question, had to re-audit and re-state the 2012 10Q, 10K and 2013 10Q reports when he was onboarded after the SPLI merger. This was contained in a PR from April 2, 2014. Books did not turn out to be cooked, but rather some minor discrepancies had to be resolved. Seems like business as usual to me when auditors change.
Also, this departing CPA is 62 years old. He's likely to be retiring. I can't confirm that but it likely explains why he is resigning from quite a few clients at the same time.
Hoping this long weekend allows people to clear their heads and think, because this will be right back at .002 before you know it.
Reposting my weekend thoughts since I don't think people go back to read this stuff.
Debt: My best estimate is $300k left for Magna and $220k~ left from other entities. Hopefully one of those 3 will be paid in cash.
The new AS implies about 500m shares left to convert at worst. I put that pie chart you should check out.
Either way we slice the next few weeks of action, when the dust settles there should be no convertible debt and 4.1 billion shares OS.
I expect $9.1m in sales over the next four quarters.
Using that figure and expecting 4.1B shares OS. The pps should settle between .0022 and .0222 conservatively. That's the range between a price to sales multiple of 1x and 10x. It will all depend on the growth they exhibit and if they are improving profitability. If this runs it will probably hit .03-.045 briefly and then pull back.
It's quiet....
Trips are gone. Take the .001 out and may as well consider it .0015 in a week.
Big hits
The .0009 you're seeing is a gift.
Fact: 100 million shares on the bid.
Difference is I already have a position and your order is set at 7. Let the games begin
5-6x remaining shares to convert... Looks like 400M to 500M more shares left by that logic.
He wants YOU to believe that. That's my issue.
Divide that number by 6 bud.
$vpor will close at 12 today and likely end the week at 15 with fins. Extremely close to the debt free mark. Ceo already said they're still growing so penny run is eminent.