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ALL going $SPLI, $TTDZ $VGPR ERBB... NICE TO SEE THE TURNAROUND AFTER BEING BEAT DOWN........
GLTA
ST
Can some one tell me please what time the 10K was posted today? TIA
ST
double bottom..... We have a hour to go GREEN.... Have seen it done before...
BTW Clay, I would like to thank you for your charting. TY
ST
Gottaplay, You also have to take into consideration the companies that were shorted into the ground and cellar boxed 3,4,5,6 years ago.. You can bet your sweet a$$ there have been tens of thousands of margin calls to those that where short and thinking that they would NEVER have to cover... SURPRISE, SURPRISE,SURPRISE......... The year of reckoning has fallen upon their greedy and selfish accounts.
Look around all the call to cover (old companies) shorts, not just in this sector.
Any way, I believe we longs will do very well here with Vapor Group.
Sitting Tight 1.4 staying Long to retire shortly.... lol
RSI good MACD good We need to jump past that 50ma of .15 on low vol. and we should start our return in to the .20+ range
Then Q1 BAM!!!!
ticker change BAM, BAM!!!
official name change..BOOOOOOMMMMM..
LOL all IMO of course.
ST. 1.4 long
P.S. Notice the spread we have had all day.. 2-4 they are gearing up.......
I don't know when. It would be nice to have the Company field this issue.......
CEL214, it is between 60 and 90 days is what I was told by FINRA. They do a full background check on every one that is involved in the merger. That is what takes the time. TWO different # to call..
886-776-0800
301-590-6500
one is for merger/name change
The other is for ticker symbol change
I called on 4/2/14
linkerboy, I already have and I believe the situation will be handled.
Thanks for the info.
ST 1.4 long
Send to First Available Admin
This has gone on way to long...
No investor should have to put up with this,
Quote:
madbuster24 Friday, 04/11/14 12:25:39 PM
Re: vaporman post# 20066
Post # of 20081
Lol, that doesn't even make sense, just like this stock. You truly are a moron
I come to this site and bring DD with a civil discussion about trading.
This is ludicrous and needs some action taken to stop it.
Thanks for your immediate actions.
Thesittingtight1
Where are the Moderators when you need them? This has gone on way to long......... Some one get off your ASS and fix this problem....
Thanks in advance.
ST and strong/long 1.4
The International Monetary Fund and World Bank are holding their annual spring meetings in Washington, D.C., April 11-13 amid a strengthening global economy but weak growth in the eurozone and financial volatility in emerging markets. USA TODAY economics reporter Paul Davidson spoke with IMF First Deputy Managing Director David Lipton, the fund's second highest ranking official after Managing Director Christine Lagarde about some of the key issues.
Q: How serious is the low inflation problem in the eurozone?
A: Their target is to have inflation a little below 2 (percent), and now it's a little below 1. Our concern is we would hate to see the European economies stuck in a low-inflation, low-growth trap. So we're just suggesting that in essence they achieve their stated goal and warning that too much delay in taking action to achieve that goal runs the risk that Europe could get stuck in low inflation.
EUROZONE'S ECONOMY: IMF chief predicts stimulus
Q: Of the unconventional steps that the European Central Bank could take to jolt the economy, do you recommend quantitative easing (ECB bond purchases to lower interest rates) or other measures?
A: It's fair to say that … they should explore some form of quantitative easing consistent with their rules and regulations because of the size of the problem.
Q: Isn't quantitative easing challenging for the ECB because the euro zone has 18 separate bond markets? How would they decide which ones to buy?
A: It's true the situation is certainly more complex. Because these are different countries, they have different economies, different inflation rates. There are many considerations. We're not giving a detailed recipe but rather an overall prescription.
Q: Last year, after Federal Reserve officials discussed their intent to wind down their bond-buying, U.S. interest rates rose, making investments in emerging markets like Brazil and Turkey less attractive and prompting a flight of foreign capital from those countries. You've called for more communication by the U.S. and other top central banks with their emerging market counterparts. But the larger economies say they have to worry about their national responsibilities. How do you respond?
A: We're not suggesting that any central bank operate in a way that's not consistent with their mandate. But we believe that communication is important, cooperation is important, that any central bank should explain to other affected central banks that might experience spillovers as clearly as they can what their policies are, so they can anticipate what's coming. So those central banks can explain to the Fed what they think the impact will be on them. Because the (emerging market) countries are big enough now that if there were, say, a negative effect on (their) growth it would spill back and affect the United States. So we try to encourage that kind of dialogue at the kinds of meetings we're having this week.
Q: The U.S. Congress for several years has failed to approve IMF governance changes that would give emerging markets more voting power within the fund consistent with their faster-growing economies. The IMF has strongly urged Congress to act, but the changes would increase the emerging market's voting authority modestly to 44.7% from 42.1%. So why is this important?
A: (Emerging markets) believe in the future that growth differential will continue, so it's partly about catch-up — they feel their growth hasn't kept up with their growing importance. If you were an emerging market country and you believed this system would never change it would be hard to have faith in the legitimacy of the institution. It may make you hesitant to want to continue to participate. Any calculation that any economist makes of the future is going to show that China's size in the global economy is going to continue to change. So if you were China you would care a lot about whether you're going to get your fair share.
LOOK it's a bird it's a plane..... NO it's the IMF
IMF warns Europe's banking system poses threat to global financial stability
International Monetary Fund says end of low US interest rates and sharp slowdown in China could also derail recovery
http://www.theguardian.com/business/2014/apr/09/imf-europe-banking-system-threat-global-financial-security-us-china
Phillip Inman in Washington
theguardian.com, Wednesday 9 April 2014 09.43 EDT
The eurozone's creaking banking system poses a serious threat to global financial stability, according to the International Monetary Fund, which warned European leaders to accelerate plans to support weak banks and create a banking union.
In a report that forecasts a "Goldilocks" outcome of stable growth, IMF financial counsellor José Viñals said the end of low interest rates in the US, coupled with a failure by the Obama administration to monitor risky lending, a sharp slowdown in China and disruption to emerging markets could all upset expectations of a smooth recovery.
"Can the US make a smooth exit from unconventional policies? I call this the 'Goldilocks exit' – not too hot, not too cold, just right.
"This is our base line, most likely outcome. After a turbulent start, the normalisation of monetary policy has begun. But a bumpy exit is possible."
He said the eurozone's incomplete repair of bank and corporate balance sheets continued to place a drag on the recovery, while the widening gap between Germany and the poorest of the 18 member states was restricting the flow of funds around the currency zone and hampering the growth of smaller businesses. "Thus, further efforts must be made to strengthen bank balance sheets, through the European comprehensive bank assessment and follow-up, and to tackle the corporate debt overhang," he said.
The IMF, which published the global financial stability report on Wednesday, acts as lender of last resort to bankrupt countries and is one of many economic organisations to worry about the effects on global growth of the US attempting to behave as if the recovery is complete when many countries are still struggling to cope with the aftershocks.
Since last May's signal from the US Federal Reserve that interest rates would soon begin to rise, policymakers have been wary of the knock-on effects of a return to more normal rates in the US. The hint by former Fed boss Ben Bernanke caused a flight of investor capital from Turkey, Brazil and South Africa back to the US in the expectation of better returns.
Willem Buiter, chief economist at US bank Citi, told an audience at the IMF's spring conference that the US central bank was irresponsible to predict higher interest rates without putting in place insurance plans for countries that will be hit by the increased costs.
Buiter said greater co-operation was needed to insulate weaker countries from the ripple effects of policy changes in the US.
A refusal by the European Central Bank and its boss Mario Draghi to make borrowing cheaper for local banks was also a concern, he said.
"We talk about the US exiting loose monetary policy and low interest rates, but the eurozone has not yet even entered. Europe is too confident that everything will be OK when its banks are still in need of massive support," he said.
"The markets are strong, but investors are still sniffing the glue provided by Draghi and his declaration to do whatever it takes to rescue the euro."
Buiter said the banking union needed a €1tn fund to underwrite European banks and not the €55bn proposed by Brussels.
Alistair Darling, the Labour MP and former chancellor of the exchequer, said the banking union was desperately under-capitalised.
"In my experience €55bn only rescues one bank," he said.
"We kid ourselves into believing that it is all over and a banking crisis could never happen again. This is very dangerous. "
Viñals also explained that a repeat of the sub-prime loans disaster that sparked the financial crisis was also possible, though less in the housing market and more in the sale of corporate bonds. He said the value of low quality bonds, issued by companies with a high risk of going bust, was more than double the level over the last three years as the amount recorded before the crash.
While commending US regulators for being "on top of this", he said a panic could increase the costs of financing company debts and trigger a flurry of defaults and a second crisis.
Charles Evans, president of the Federal Reserve Bank of Chicago, argued that the US economy was still fragile and in need of huge support from the central bank.
Signalling that many members of the Fed board support chair Janet Yellen's doveish stance, he said: "US unemployment is higher now than it was at its peak in the last recession. US workers are not in as strong a position to withstand shocks and face many obstacles to higher productivity and wages from technological and structural changes."
Viñals said emerging markets from Turkey to Indonesia could struggle in the face of rising interest rates, weakening corporate earnings, and depreciating exchange rates.
"Indeed, in this scenario, emerging market corporates owing almost 35% of outstanding debt could find it hard to service their obligations.
While the situation varies widely across countries, those economies under recent pressure also share some vulnerabilities in their corporate sectors," he said.
To solve issues that reveal the inter-connectedness of national economies, he said: "We need greater global policy cooperation as we are all in this together. This extends to monetary policy, financial regulation and supervision, and ensuring orderly market conditions."
madbuster, what proof do you have to make such defamatory statement? I have looked at a few of your posts and to date you given not one ounce of proof to support your allegations of fraud or misconduct by this company. I will now take your statements personally from here out and will be following up with you shortly....
ST
$VGPR going vertical.........
Just was woke up out of a hard sleep........ Theory only....
Who, for the benefit of something (capital gains) would short this or any outer stock (PH$T, MI$E,ER$B and many more) to cause short term capital gains? Look at how this all has happened in the last 7 to 10 weeks and there is a ton of money in taxes owed by sellers short term....... Hundreds of millions if not billions to Uncle Sam....
I have a headache, and going back to bed....
One thing is for sure, long or short (U SAM) gets theirs....
GN/GM ST 1.45 strong
I received a call back from my financial adviser this morning after the 8k was released. The first thing he said to me is they are whacking the stop losses to cover the short. He did not have time to review the filling but will get back to me on it.....
He works for one of the top 3 banks in the U.S.
Sit Tight, this could be a life changing investment in the next few months to a year or even two..
1.45 and holding.... ST< was buying today.... .19 down to .135
Uncle Sam is calling most all sectors are down...........
OOOoww and the MM never seen the runs coming as they did in the MJ sector and have to cover threw what ever means they must not to take big losses... LOL sit tight...
The 75th day will be Monday... We should be seeing fillings then as per CEO email response.....$$$$$$$$$$$$$$
ST 1.2strong and long missed the .245 was working :(......
nice close longs.. Shorts, good luck at clearing your books in the balck look at the bright side though, you will have a loss to write off at the end of the year....... LMFAO
Werrrre back.
ST
can we close at HOD?
suppress, Looks very conservative to me... What would that be at per share based at the 283M float? TIA
A Background to the Market and Market Makers
A Market Maker runs a 'shop' and you buy shares from him or sell them back to him.
The Market Makers act as retailers of shares and display their prices during working hours. The prices may vary (sometimes considerably) during the day, depending on a number of influences. For example, if holders of very large amounts of a share decide to sell (or a combination of a lot of holders of small amounts), then the Market Makers will reduce the price that they are prepared to pay for the share. The converse is true also; if there is a consistent and large enough demand for a share, then the Market Makers will increase the price. Market Makers make money from buying shares at a lower price to which they sell them. This is the bid/offer spread. The more actively a share is traded the more money a Market Maker makes.
It is often felt that the Market Makers manipulate the prices. "Market Manipulation" is an emotive term, and conjurers images of shady deals and exploitation. Market Makers are not elusive companies that appear then vanish overnight. Market Makers are duty bound to make a market and to meet the needs of those they are responsible, to this end they may try to influence the market.
Market Makers are however known to lower prices to "panic" investors into selling, sometimes called "shaking the tree"? Moving the price up, encourages sells, moving it down also encourage sell, hence also the term dead cat bounce when a Market Maker will mark a falling stock up to encourage buyers in thinking they have reached the bottom.
A good pricing system such as Level 2 will give you an indication which Market Makers are keenly priced. Your broker using the same systems as you now have can sometimes get a better price than those on the screen. This is because Market Makers compete with one another for business. When your broker calls the Market Maker he is giving them the opportunity to 'bid' for the business, the Market Maker may well improve on the price on offer via the screens. The Market Maker only makes money when they are buying and selling, so the Market Maker will prefer to see the business go through their books at a reduce margin than allow it to go to another Market Maker.
When you buy and sell shares in most circumstances (SEAQ/AIM) your broker has to go through a Market Maker. The Market Maker works for an institution that makes a market (will buy and sell) that particular stock. They provide the market with liquidity - i.e. there will always be a price you can sell your stock at, there will always be a price you can buy some stock at (unless the share is suspended).
Market Makers obviously have a degree of risk. If there is a flood of sellers, because the Market Maker's job is to provide liquidity, he has to buy those shares even though the rest of the market may want to sell. If the price continues to fall he could be left with a lot of stock on his hands that he paid considerably higher prices for than he can sell for now. And vice versa - if a share is rising sharply the Market Maker has to continue selling the stock to the buyers - he could end up "short" of stock. In this situation he has sold stock he has not got, to fulfill all the buy requests, and he has to buy this stock in to balance his books, but at higher prices and makes a loss.
The Market Makers are effectively in competition with each other. With the example of IMG above, why would a seller want to sell shares to UBSW at 380, when the seller can deal with MLSB or AITK and receive 385p per shares? If UBSW wants to purchase shares, the Market Maker has to raise its bid price. If Market Makers want to buy shares because they may think the stock is heading up or they are short of stock they have to raise their bid price if theirs is not the best bid on the screen. This can cause the spread to narrow. If Market Makers are keen to sell stock they may want to lower their offer price to tempt buyers in. If all Market Makers start moving their offer prices lower to tempt in buyers and offload stock, certain traders could view this as negative for the short term. If Market Makers need or want to take in more stock they will raise their bid prices - certain traders again could see this as a sign of a short-term upswing in prices.
If a Market Maker does not want to trade in the stock he is making a market in he may make his bid/ask spread so wide to discourage anyone to trade with him. If all the Market Makers do this the stock can become illiquid temporarily as no trades are going through - buyers do not want to buy, sellers do not want to sell their stock at what they envisage is a poor bid price.
Baron, not sure if the short vol. a combination of sells (flipping) and short (borrowed share) sales.... either way more buying than selling = accumulation.. ;)
http://otcshortreport.com/index.php?index=spli&action=view#.UzoHLaGm20w
Historical Short Selling Data For SPLI
Date VolShorted High Low Close ShortVol RegularVol
Mar 31 41.95% 0.32 0.28 0.30 4,628,178 11,032,254
Mar 28 42.68% 0.33 0.26 0.29 5,423,392 12,706,583
Mar 27 38.59% 0.43 0.22 0.32 18,188,536 47,132,197
Mar 26 42.34% 0.45 0.34 0.42 4,588,981 10,837,184
Mar 25 38.62% 0.42 0.37 0.38 5,719,954 14,809,252
Mar 24 43.25% 0.39 0.36 0.39 3,672,152 8,491,136
Mar 21 34.18% 0.36 0.32 0.35 2,375,350 6,948,636
Mar 20 39.67% 0.32 0.27 0.31 3,432,181 8,651,296
Mar 19 31.21% 0.38 0.29 0.31 3,796,087 12,163,160
Mar 18 37.78% 0.33 0.24 0.33 3,943,829 10,439,831
Mar 17 36.40% 0.24 0.21 0.23 2,710,141 7,445,172
Mar 14 34.94% 0.23 0.17 0.21 3,767,759 10,784,592
Mar 13 39.53% 0.21 0.18 0.19 3,938,714 9,963,780
Mar 12 34.04% 0.25 0.19 0.20 4,206,371 12,356,062
Mar 11 35.03% 0.25 0.13 0.20 8,475,388 24,193,476
Mar 10 34.14% 0.20 0.14 0.19 5,966,320 17,475,535
Mar 07 36.45% 0.14 0.11 0.13 6,221,384 17,069,592
Mar 06 45.31% 0.10 0.08 0.09 6,893,895 15,214,589
Mar 05 34.60% 0.09 0.07 0.08 5,366,942 15,509,621
Mar 04 35.87% 0.07 0.05 0.06 3,703,072 10,323,832
Mar 03 23.06% 0.07 0.05 0.06 5,638,969 24,448,299
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There is no such thing as naked shorting either, correct?
$TTDZ on the run HOD/52wkh
Wow folks, I must say I like how this is trading......... I added more today (800k) to my pot portfolio. We have not seen anything yet in this sector. Holding long..
GLTA
Greenrush, I have to say, "sorry to hear you sold out". The one thing you must have missed is the next fillings will be the audited fin. of Vapor group not Avworks as we seen on Friday. Even smoking bull and the seeking alpha don't get it.... lol Well name/ticker change plus 2012/2013 financial s of Vapor Group with first Q 2014 will be exiting and should make all the naysayers eat there words.
GLT you and GLTA longs
ST 1.2
porky, look at ph*t back on Jan. 9, 2014 and look at the seeking alpha article that drove it down same day... .47 to .18... last week it hit .77
love your neighbor, Thanks for the clarification on that... SPLI long... I'll Tone it down... :)
P.S. Dodd/Frank starts April 1, 2014
MM have until Monday to settle there open shorts for there books...
Vapor Group to file on or before 4/7/2014
next will be first Q of 2014 love it...
Have a great weekend all
ST
The E-Cig Market Grows Up
Article Preview — For full access, register below, it's free
By Rich Duprey | More Articles
March 26, 2014 | Comments (3)
Aside from the fact that the electronic-cigarette market has grown from virtually nothing to $1.7 billion in annual sales in a little over five years, one sign of the industry's maturation is the segmentation and innovation that's occurring absent government regulation. Having moved beyond simple nicotine replacement therapy, the industry now also encompasses "vaping" and "tanks," where users take pride in decking out their "mods" with bling as they enjoy flavored juices that they drip on coils.
Of course, politicians, anti-smoking crusaders, and regulators are trying to snuff out this cycle of growth and ingenuity through taxes, regulations, and prohibition, but the genie is already out of the bottle and it may be too difficult to contain it once again.
According to Wells Fargo, which assiduously tracks the e-cig market, sales are expected to hit $10 billion by 2017. That's still just a relatively small percentage of the overall $100 billion tobacco industry, but with triple-digit growth rates still in its future, e-cigs have the potential to eventually surpass tobacco sales.
Any one consider this attack could be from big tobacco and other ecig co.?
http://www.csdecisions.com/2014/03/21/e-cigarette-sales-set-surge-2014/?utm_source=rss&utm_medium=rss&utm_campaign=e-cigarette-sales-set-surge-2014#_
E-Cigarette Sales Set to Surge in 2014
March 21, 2014 CSD Staff : 0 Comments
ecigarettesEven though e-cigarette category dollar sales started 2014 with slight deceleration, growth is expected to remain “robust” going forward, according to Wells Fargo Securities.
The convenience store channel saw $45.2 million in sales over the four weeks ended Jan. 18, 2014, plus e-cigs accounted for another $12.4 million in national, cross-outlet markets. “This implies about $750 million in annual sales in Nielsen-tracked channels and we believe e-cig sales in non-Nielsen tracked channels (such as vapor shops and boutiques) plus online sales ($500-625 million) suggest the category is now about a $1.85 billion category,” said Bonnie Herzog, managing director of beverage, tobacco and convenience store research for Wells Fargo Securities.
Furthermore, Herzog said, her research suggests that the tank-style vaporizers are underrepresented in the Nielsen data and continue to grow faster than the category. “We continue to believe that e-cig consumption could surpass traditional cigs and the combined operating profit pool could generate an annual growth rate in excess of 7% over the next decade,” she said.
Wells Fargo Securities reported that Lorillard’s blu stood out as the e-cig category leader in the c–store channel, with 40.6% dollar share, followed by NJOY with 26.5% share and Logic at 15.7% share for the 52 weeks ended Jan. 18, 2014.
“E-cigarette dollar sales growth decelerated slightly to 45% in the period ended Jan. 18, 2014, driven by accelerated unit growth of 54.8%. This was partially offset by lower net pricing, which was down 6.3%—the category’s first negative pricing,” Herzog said.
The average price per unit was $6.34, for the same 52 weeks. “Though we don’t like to see negative pricing, we believe this could be due to increased penetration of kits, which offer a lower price per cartomizer,” Herzog said.
The cartomizer cost should continue to trend down over time because of a volume shift to multipacks as leading brands, including blu, NJOY and Vuse (set to roll out nationally in 2014), are coming out with starter kits at attractive prices.
Retailer Excitement
Rockland, Mass.-based Tedeschi Food Shops, which offers the three top selling e-cigarette brands Blu, NJOY and Logic disposables and rechargables, noticed the deceleration.
“Sales had leveled off in the fourth quarter of 2013, but the momentum seems to be back in 2014,” said Steve Monaco, director of purchasing for Tedeschi, which operates 191 c-stores in Massachusetts and New Hampshire.
Despite the upswing, however, 2014 is pushing legislative challenges. New York City and Chicago made headlines as they extended their public smoking bans to include e-cigarettes, a trend Monaco expects to see continue.
“Unfortunately, due to the lack of education on the part of our politicians, they feel it just seems like the right thing to do,” he said. “And it really isn’t.”
Matthew Paduano, vice president of category management for Nice N Easy Grocery Shoppes Inc. in Canastota, N.Y., noted that despite the regulations in nearby New York City, he doesn’t anticipate that restrictions will hit upstate New York anytime soon.
“My big concern is the state will try to tax e-cigs like they do all tobacco products. When this happens, we can expect a drop in sales depending on how far the state goes with taxation,” Paduano said.
For the balance of 2014, Paduano said he expects sales of e-cigs to continue to grow double digits, especially with increased e-cigarette offerings across all Nice N Easy stores. The chain is in the process of expanding its offering to include more brands and additional varieties.
“We do carry products from blu, Logic, NJOY, Metro, Mistic, Swisher, Criss Cross, Krave, V2 and FIN. We have also invested in custom fixtures that we are currently rolling out to our stores,” Paduano said. “We also rely on our wholesaler, Pine State Trading, who is very proactive in this segment. You have to have the brands your customers want.”
One note of caution that has Paduano, and others, concerned, is the potential that there will be brand attrition as the big tobacco companies jump into the segment and the Food and Drug Administration announces its long-awaited e-cigarette deeming regulations, which were still not available at presstime.
“While I think sales will continue to grow in this category, I anticipate a ‘thinning of the herd’ once the FDA comes out with its mandates,” he said. “I expect Altria and RJ Reynolds to roll out their offerings, but I also expect to see some margin erosion when this happens, since I anticipate requirements for more aggressive retails from them.”
A Win for Retail Sales
While electronic smokes are doing well at the register, they can perplex retailers. “The toughest challenge for the buyers is deciding which brands to carry,” said Myers of Kocolene Marketing. “It’s almost like the energy drink category. A new brand hits the market and then the store doesn’t stay in stock on the brand it has carried for a year.”
The retailers’ next big challenge with e-cigs will be proper merchandising. “Most stores don’t have room for fixtures from all the various brands,” Myers said. Despite a premium on counter space, some operators believe e-cigs should be on the front counter so consumers can see and touch the product. Lorillard has created back-bar signage for its brand and incentivizes retailers with a cigarette-like monthly payment. The in-store displays speak also to non-smokers who are unfamiliar with the product and how it operates.
It’s early in the life of the e-cig, and the general public doesn’t yet understand them, according to Lisa Dell’Alba, president of Square One Markets, a nine-store chain in Pennsylvania. “People aren’t sure where they can consume them or what answer they can give when people say, ‘Hey, that’s harmful to me.’ Tobacco as we know it is changing. In a few years, the back bar is going to look very different.” ?
E-Cigs dollar share up at c-stores
Lorillard leads the E-cigarette category across the board, followed by LOGIC and NJOY. Dollar share and unit share were up across the top 12 brands for the 52 weeks ended Jan 18, 2014.
Source: Nielsen C-Track Data Base and Wells Fargo Securities, 52 Weeks Ended Jan. 18, 2014
Does any one realize that it is the end of the 1St. Q? The market makers have been short on this stock since it started its run 10 weeks ago. Shares are limited and shorts need to cover/close out there positions for there eom books. You know dam well that they are not going to take a loss at the 52 week high.
When you realize that the stock barrow program ended on March 14, 2014 then you will be able to see the big picture here.
I have a feeling that we may see this manipulation again tomorrow. The Co. should look into the people that caused today’s volatility and file for damages. Imo
That's all I have to say about that..........
ST with my 1.2m and will be buying at .249 or less.. GLTA longs
green av works and vapor were two different companies up till jan. 22 2014..... av works ended as a shell co. when vapor merged in to it... av works had no business at the time of merger... vapor a privet co. will be doing audited financial's for both co. due out next week.... so we should see a sec filling by the 7 of April...
till then...........
ST
GREENS When was the last fully audited company a scam?then I would have to guess Ford is a scam... and if that is the case then all blue chips are... the whole market for that matter.... LOL
For calendar year, 2013, the Vapor Group's first full year of operation, it had gross revenues (audited) in excess of $1,975,000,
http://www.otcmarkets.com/news/otc-market-headline?id=15983448
$SPLI NEWS...DAVIE, FL, via eTeligis, 3/27/2014 2:27:00 PM
Vapor Group, Inc., SPLI, Releases Preliminary Results of Operations for Calendar 2013
AvWorks Aviation Corp. (OTCQB: SPLI), (the "Company", "AvWorks"), released today a preliminary statement of the full year 2013 results for Vapor Group, Inc. ("Vapor Group").
For calendar year, 2013, the Vapor Group's first full year of operation, it had gross revenues (audited) in excess of $1,975,000, which were achieved by steady increases in sales month-over-month throughout the year. Although final audited net profit figures are not yet available, Vapor Group was profitable in its first year of operations. Final audited financial statements for 2013 will be released in the coming weeks.
Dror Svorai, President and CEO, added, "For Vapor Group, the last 6 months of 2012 when we started were essentially all startup mode, significant sales activity didn't begin until May, 2013 and we are proud to have launched so successfully in our first year! So far 2014, is far outpacing 2013 in terms of revenues and anticipated profit. We believe our first quarter 2014 results, when announced, will prove this statement."
"Important, readers need to remember that Vapor Group, Inc. didn't merge into AvWorks Aviation Corp. until January 22, 2014, and that we hired a new PCAOB-qualified independent accountant more or less simultaneously, to make sure that our books and records are accurate for 2012, 2013 and beyond. Moreover, as you will see in the coming days, subject to the review and audit of our new independent accountant, we are amending many prior year filings of AvWorks Aviation Corp. in order to add accuracy, transparency and to help build investor confidence."
About the Vapor Group
Vapor Group, Inc., www.vaporgroup.com, is in the business of designing, developing, manufacturing and marketing high quality, vaporizers and e-cigarette brands which use state-of-the-art electronic technology and specially formulated, "Made in the USA" e-liquids, which may or may not contain nicotine. It offers a range of products with unique e-liquid flavors that is unmatched in our industry. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and Vapor Products brands. It sells nationwide through distributors, wholesalers and directly to consumers through its own websites and direct response advertising.
All of its E-cigarettes consist of a long-life battery, a heating element, a cartridge filled with an "e-liquid" and an atomizer which when heated, vaporizes the e-liquid. Because E-cigarettes are not "lit" like regular cigarettes, they don't create flame, smoke from burning, ash, tar, noxious fumes or leftover "cigarette butts". As a result, they may be used virtually anywhere.
Vapor Group is committed to providing E-cigarettes that are convenient and economical to use, safer and healthier than traditional smoking, and which provide a flavorful, enjoyable smoking experience.
Vapor Group, Inc. is managed by a highly experienced team of executives committed to responsible business policies and practices, including the marketing of our products only to those eighteen years of age or older, not making or avoiding claims about our product health benefits, and fulfilling the requirements of all applicable laws and regulations.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
CONTACT:
Vapor Group, Inc.
954-792-8450
Vapor Group, Inc., SPLI, Releases Preliminary Results of Operations for Calendar 2013
DAVIE, FL, via eTeligis, 3/27/2014 2:27:00 PM
Associated Documentation:http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=25183 -
DAVIE, FL, Mar 27, 2014 (eTeligis.com via COMTEX) AvWorks Aviation Corp. (OTCQB: SPLI), (the "Company", "AvWorks"), released today a preliminary statement of the full year 2013 results for Vapor Group, Inc. ("Vapor Group").
For calendar year, 2013, the Vapor Group's first full year of operation, it had gross revenues (audited) in excess of $1,975,000, which were achieved by steady increases in sales month-over-month throughout the year.Although final audited net profit figures are not yet available, Vapor Group was profitable in its first year of operations.Final audited financial statements for 2013 will be released in the coming weeks.
Dror Svorai, President and CEO, added, "For Vapor Group, the last 6 months of 2012 when we started were essentially all startup mode, significant sales activity didn't begin until May, 2013 and we are proud to have launched so successfully in our first year!So far 2014, is far outpacing 2013 in terms of revenues and anticipated profit.We believe our first quarter 2014 results, when announced, will prove this statement."
"Important, readers need to remember that Vapor Group, Inc. didn't merge into AvWorks Aviation Corp. until January 22, 2014, and that we hired a new PCAOB-qualified independent accountant more or less simultaneously, to make sure that our books and records are accurate for 2012, 2013 and beyond.Moreover, as you will see in the coming days, subject to the review and audit of our new independent accountant, we are amending many prior year filings of AvWorks Aviation Corp. in order to add accuracy, transparency and to help build investor confidence."
About the Vapor GroupVapor Group, Inc., www.vaporgroup.com, is in the business of designing, developing, manufacturing and marketing high quality, vaporizers and e-cigarette brands which use state-of-the-art electronic technology and specially formulated, "Made in the USA" e-liquids, which may or may not contain nicotine.It offers a range of products with unique e-liquid flavors that is unmatched in our industry. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and Vapor Products brands. It sells nationwide through distributors, wholesalers and directly to consumers through its own websites and direct response advertising.
All of its E-cigarettes consist of a long-life battery, a heating element, a cartridge filled with an "e-liquid" and an atomizer which when heated, vaporizes the e-liquid. Because E-cigarettes are not "lit" like regular cigarettes, they don't create flame, smoke from burning, ash, tar, noxious fumes or leftover "cigarette butts". As a result, they may be used virtually anywhere.
Vapor Group is committed to providing E-cigarettes that are convenient and economical to use, safer and healthier than traditional smoking, and which provide a flavorful, enjoyable smoking experience.
Vapor Group, Inc. is managed by a highly experienced team of executives committed to responsible business policies and practices, including the marketing of our products only to those eighteen years of age or older, not making or avoiding claims about our product health benefits, and fulfilling the requirements of all applicable laws and regulations.
Safe Harbor Statement: This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
CONTACT: Vapor Group, Inc.954-792-8450
SOURCE: AvWorks Aviation Corp.
MM should give all who sold a kiss after the xing they just gave to the sellers.... What a crappy way to cover there short position... IMO
ST with all my shares... lol
the ceo needs to call his attorney.. and put a press release out..... IMO
MM have been short on this since day one.... there is the 40% correction we been looking for.... H .45- 40% =0.27 lol