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Great Vapor/sector overview... worth a stiky IMO... Thanks Kdecoque
When there is only 93.2M in the float and longs keep buying there is no shares to trade.... I just wounder who the other 92 millionaires are?
ST 1.3 M long 1 year 1 day
astockalypse Congratulations, there is no amount of money that can replace a healthy child. You can always make money. Hope you and yours the best... God bless..........
ST
How about pay the debt in full at 6mo./ 8% and don’t give them the ability/chance to float the shares into the market but retire them instead......
The Convertible Notes matures on April 29, 2015 and accrue interest at an annual rate of 8.0%. Under terms of the private placement, after six months from the Convertible Notes’ issuance, or October 29, 2014, (the “Holding Period”), the Convertible Notes may be converted, in whole or in part, at Hanover’s option, at a fixed conversion price of $0.15 per share of the Company’s common stock (“Common Stock”), and subject to certain limitations and exceptions stated within each of the Convertible Notes. After the Holding Period, Hanover will be entitled to convert any portion of the Convertible Notes to the extent that after such conversion, Hanover (together with its affiliates) would beneficially own no more than 4.99% of the outstanding shares of the Common Stock as of such date. After any conversion, Hanover may not sell more than 20% of the trading volume of the Common Stock during any single trading day.
The Convertible Notes include customary event of default provisions. At the option of the Hanover, i) the Convertible Notes shall become immediately due and payable and the Borrower shall pay to Hanover, in full satisfaction of its obligations hereunder, an amount equal to 150% times the sum of (w) the then outstanding principal amount of each Convertible Note, plus (x) accrued and unpaid interest on the unpaid principal amount of each Convertible Note to the date of its payment, plus (y) Default interest, if any, on the amounts referred to as (w) and (x), plus (z) any amount owed to Hanover under the terms and conditions of the Convertible Notes (that is, the then outstanding principal amount of this Note to the date of payment plus the amounts referred to in clauses (x), (y) and (z), collectively, the “Default Sum”), or ii) may convert each Convertible Note into Common Stock at a conversion price equal to a 30% discount from the lowest trading price in the five (5) trading days prior to said conversion. Notwithstanding the foregoing, upon the occurrence and during the continuation of any event of default, i) the Convertible Notes shall become immediately due and payable and the Company shall pay to Hanover, in full satisfaction of its obligations hereunder, an amount equal to the Default Sum multiplied by two (2); and ii) all amounts payable under the Convertible Notes shall immediately become due and payable without demand, presentment or notice, which are expressly waived, together with all costs, including without limitation, legal fees and expenses, of collection, by the Company; and iii) Hanover shall be entitled to all other rights and remedies available at law or in equity
Just look at any IPO same track.. then what? haaahaaahaaaaa LOL
ST 1.3 strong long
Float
93.2M
So who are the other 92 Longs?
Go chase it boys....... Get the 10K MM out of the way and this will fly............... pure manipulation...........
Did I miss something? 30% interest pay back?
Every thing looking GREAT folks, I believe we will close over the .071 today. IMO only.. We will see
Have a great day...;)
ST 1.3 strong long
Porky, Vapor did not set up as far as I understood from this e-mail response I received..
Re: e-mail
Jun 3 (8 days ago)
Michelle,
Could you tell me if Vapor will be attending the World Vapor Expo this weekend in Miami?
http://worldvaporexpo.com/
Does Vapor have any plans to update the shareholders any time soon with any new corporate happenings?
Thank You for any information you can provide to my questions.
Response:
Michelle LaBarbera
Jun 3 (8 days ago)
to me
Hi Xxxx,
We will be attending the event on Friday. Please follow our press releases for any new updates about our company http://www.vaporgroup.com/category/press-center/
Best Regards….....Michelle
Michelle LaBarbera
Director of Marketing
Vapor Group, Inc
3901 SW 47th Ave., Ste. 415
Davie, FL 33314
O: 800.779.3315
L: 954-792-8450
C: 954-288-4361
F: 954-916-7584
Skype: mich03102
www.vaporgroup.com
spshond , I can't tell you what the price is going to be at the EOY, but one thing I can say is Vapor Group has crossed their T's and dotted their I's since conception of AV Works. When the results of this MMJ industry come to pass I /we will only see a handful of companies pull threw, Vapor WILL be one of them...................
Keep watching the AUDITED Q's and don't bee surprised when Vapor hits the 10 to 15 dollar mark, remember the float is only 93.2M for another 15 months.
You can not find a better execution of a business plan than this.
Have a great day.........
Sitting Tight 1.3 long.........
knowledge is power....... Florida to vote in November, Vapor executing a bad azz business plan... Helll ya, I am fricking excited about the future of this company and all you longs should be too.
About the Weedstock Cannabis Investor Conference
The objective of the 2014 Weedstock Cannabis Investor Conference is to connect privately held and publicly traded companies in the cannabis industry with industry investors, and analysts. The Conference will include exhibits and presentations by industry participants including growers, dispensaries, and suppliers and consultants. The conference will also feature panel discussions and facilitate one-on-one meetings and networking opportunities for those attending. More detailed information may be obtained at http://weedstockconference.com.
Along with the votes in November (5 or 6 states), Congress and Eric Holder needs to get there heads out of the azzes of the special interest groups in Washington D.C. and grow some balls before we elect them smoochers out of office........
OK, enough is enough. This is getting ridiculous. A company update would be well appreciated Vapor, drop a carrot, a crumb or something...
Dam I'm bored again..... I use to look forwards to Mondays.....
#5, I just cant seem to get a break in this sector of stock...60%- 55%- 45%- 21%- 8%- WTF... good companies are getting railed up the wazzzzooooo..
How is that for the 5Th post? LOL
ST 1.3M strong and long
When a suspension happens ALL MARKET MAKERS SHOULD/MUST disclose there positions in that stock.................... Then you will find the culprit..... I do agree that all companies are not created equally.
None the less ALL POSITIONS AT THE SOURCE SHOULD BE DISCLOSED TO THE INVESTING PUBLIC BY LAW..............................
2 sides to every story...........
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
This is all in my observation and opinion based on my 15 years of trading.
Market Maker Speaks Out: Ways of a Market Maker
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). _________________________
Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience."
Market Maker's Operating Procedure
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that no them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company.Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
90% of these stocks where trading in the triple 000's before they announced MMJ business. All of them where seller boxed and shorted into the abyss just waiting to DIE. (that is what the naked shorter's/MM wanted) When the old margin calls started coming in and the market makers could not slow the influx of buyers, they all new they where in trouble. One company after another rose from the phoenix. There has been a few companies that have done the best they can to change the direction of these dead companies. Mergers, name change, ticker change, management change, filling past late fillings, so on and so on... When the big money (MM) started loosing there cash, the game started getting ugly. Now it is even uglier, when the MM had to call their friends at the SEC to help them, you know it must be real bad. You will probably ask if I can prove this theory and my answer will be NO, but ask the SEC what the companies (that have been suspended) did wrong and see what answer you get.. "None of your business".
So 10 days later this so called "crooked" company trades again and from there the MM and shorters are scott free all the way back to seller boxed and bankrupt... It was done in the early 2000's and has started again. The SEC is as crooked as it has always been and some things just will not change.
can you prove NO SHORTS?
Manipulation is a bit@h... seen it a few times in the last few weeks.
Td's response to me RE: VP@R Q1 Fillings.
Xxxx,
Thank you for contacting TD Ameritrade. I am sorry, but it does not appear that our news providers are following VP@R. Unfortunately, we do not always get news on all OTC stocks. I have entered a request for our news providers to follow VP@R.
All other PR where posted except the fillings on 5/20/14
If there is anything else I can do for you, please reply to this e-mail. I would also like to offer you a free trial of INVESTOOLS education. What would be the best email to send it to?
Sincerely,
Joseph Antonelli
Apex Technology Support, TD Ameritrade
TD Ameritrade, Inc.
Has this been confirmed? Any link to this info?
Vapor Share Information Float 93.2M
Shares Outstanding 334.4M
most of the other 241.2M are restricted for 17 more months per 10-Q
Found this under fundamentals on TD Ameritrade. I have been wondering what the float was. NICE...$$$$$
ST
A Co. update tomorrow would be great.
Nice close today at HOD.. SweeeeeeetGreeeenWeeeeeed
ST
Vapor Share Information
Float 93.2M
Shares Outstanding 334.4M
Found this under fundamentals on TD Ameritrade. I have been wondering what the float was. NICE...$$$$$
ST
They said that Vapor was going to be there Friday but could not get a conformation if they would have a vendors booth.
Re: E-mail
Michelle,
Could you tell me if Vapor will be attending the World Vapor Expo this weekend in Miami?
http://worldvaporexpo.com/
Does Vapor have any plans to update the shareholders any time soon with any new corporate happenings?
Thank You for any information you can provide to my questions.
Reply'
Hi Xxxx,
We will be attending the event on Friday. Please follow our press releases for any new updates about our company http://www.vaporgroup.com/category/press-center/
Best Regards….....Michelle
Michelle LaBarbera
Director of Marketing
Vapor Group, Inc
3901 SW 47th Ave., Ste. 415
Davie, FL 33314
O: 800.779.3315
L: 954-792-8450
C: 954-288-4361
F: 954-916-7584
Skype: mich03102
www.vaporgroup.com
Hay Vapor, we could rely use a corporate update any time now;)
Hopefully the update will say that 750M shares of A/S have been retired..... that would be a great update... Lol
Dam I'm bored. can't wait to see this move up.
ST
L2 total manipulation.......................
Vapor will have a great year folks...
ST
Boy, nice and quiet around here. Just like it was in the beginning.... love it....
ST 1.3 1Y & 1D
Hay, I just figured out why the price is dropping on all of my portfolio!!!!
I did not sell...... LOL
:) folks, it is only a matter of time and this sector will be HOT once again...
Have a great day.
ST 1.3 long
This whole sector is in the sh!ts. What we really need is for A.G. Eric Holder to get off his azz and reschedule marijuana. The majority of the country/voters want it changed, so fricking get it done dam it.....
http://oag.ca.gov/contact
Hi Xxxx,
We will be attending the event on Friday. Please follow our press releases for any new updates about our company http://www.vaporgroup.com/category/press-center/
Best Regards….....Michelle
Michelle LaBarbera
Director of Marketing
Vapor Group, Inc
3901 SW 47th Ave., Ste. 415
Davie, FL 33314
O: 800.779.3315
L: 954-792-8450
C: 954-288-4361
F: 954-916-7584
Skype: mich03102
www.vaporgroup.com
starman, not sure how FL. is going to hand out the MMJ licenses to dispense MMJ but Vapor will have multiple store fronts fully operating, they will just need the permitting.. This is a very valid point.
ST
Porky, it is not Einstein, it is Newton's third law:
For every action, there is an equal and opposite reaction. I give this company 2 to 6 months and the MM will not be able to hold it here any more. I personally am looking 1 year 1 day to figure where my exit point will be. ;)
ST 1.3 Long
Every time some one hits the ask he jumps right back in.. some one is holding this down..
I agree Nite need to get the f out of the way... pure manipulation...