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Why are the quarterlies Late?
Because its not a quarterly and it is not late...
I heard they will use the shares "freed up" from the AS, post RS to acquire Philip Morris!
VOTE FOR PEDRO
IMHO, I doubt the recent activity has much if anything to do with MJ. As far as I know, we don't have a big presence in that area
and we are talking about "Alaska", right?
I think its earnings/merger anticipation.
For a while now the company has been issuing a PR about earnings 1 week before the actual release. Last year on 2/19/14 (a Wednesday) they announced the year-end report would be on 2/26/14 and it was.
My useless prediction is there will be a brief PR tomorrow, probably after the close, to announce the year-end report will be out next week and that the merger was approved and hope to close by May...
Thanks for the invite but I've moved from beer to wine.
I won't be selling any shares just yet.
I am greedy and want "free wine tomorrow", and many days after that!
Besides, I am still a tiny bit in the red (not just the wine!)
Party on...
It certainly would be insane. If the FDA rules are implemented as written, then whoever has the predicate product would be able to sell a "substantially similar product". Likely a clunky, POS, cig-a-like that nobody wants. ECIG currently does not have such a product so everything would need to be trashed while they build the new "approved" product. In other words, the entire US vape industry becomes toast.
If we make a deal to pay Atlantic for the rights of the Predicate product and the FDA does NOT implement the rules as they are now written, then we have agreed to pay them a cut of future sales and we can no longer compete on price with everyone else.
Insane indeed...
It certainly would be insane. If the FDA rules are implemented as written, then whoever has the predicate product would be able to sell a "substantially similar product". Likely a clunky, POS, cig-a-like that nobody wants. ECIG currently does not have such a product so everything would need to be trashed while they build the new "approved" product. In other words, the entire US vape industry becomes toast.
If we make a deal to pay Atlantic for the rights of the Predicate product and the FDA does NOT implement the rules as they are now written, then we have agreed to pay them a cut of future sales and we can no longer compete on price with everyone else.
Insane indeed...
C'mon, that makes way too much sense!
To PK's Q: I haven't voted yet...
Thanks for the painful reminder. My first purchase was on 11/21/14 at 1.23!
Been trying to get a grip on the "predicate" issue. Right now I don't see how having the predicate item or it's details would be of any value to ECIG? If the FDA were to implement the plan as it is written now, it basically kills the entire industry and Big T wins.
Best outcome for us, IMO, is if they change the date to April 2014. John Boehner sent a letter to the FDA in December I believe asking for this. While the FDA has not responded to him about the request, they did say they don't have the authority to change the date, only congress does. So that could suck.
I did find the following from an FDA site. (note the dates...)
The FDA has announced a series of three public workshops to gather scientific information and provide a forum for discussion of e-cigarettes and the public health. These workshops will include presentations and panel discussions about the current state of scientific studies on e-cigarettes. The second workshop will be held March 9th – 10th 2015 in Washington, DC and the agenda will cover the topics of the health effects of e-cigarettes on individuals and on the population as a whole.
I respectively disagree regarding "not too late" regarding vote and any thoughts that management will be issuing any news to encourage us to vote for either proposal.
I know it sounds crazy, but for various possible reasons, they don't care how we vote. Many have already made up their minds or already voted. It would be like announcing you are running for US President but then start your campaign on November 1st.
On a totally separate topic, I just watched the movie "Sex Tape". There is a scene with Jack Black vaping. I'm 99% sure it is a FIN AVS. Unfortunately the FIN logo isn't seen so I guess it doesn't matter much?
Not fair, I've been using the "free beer tomorrow" for every time I heard "the dilution is over" & now we soar! Lol
I also hold shares in TDA accounts. First emails to vote came on 2/4. I received another batch 2:36AM today. I have not yet voted.
Dudes, what was the filing on Wednesday about? Looked like they need help in getting/counting votes? Don't recall anything like that before.
Also, did we know some of our products are sold by "Thompson Cigar"? Stumbled on that the other day...
Prediction: By this time tomorrow there will be hundreds of posts referring to your "press release" as fact, just like the revenue...
Ever see this sign in a bar?
"Free Beer Tomorrow"
That's what ECIG reminds me of...
Yeah, it was about 60, but yesterday was nicer, almost 70!
Agreeing to potentially be paid back in shares, which the company currently does not have, would indicate the complete opposite to me regarding the RS, wouldn't it?
Could be, my brain was in "reverse mode", whew...
Any thoughts on VAPO action today? That can't be good...
Does anyone know, if I don’t yet know if I will vote no, does a non-no mean “yes”? I know I can take less than 60 seconds to “actually vote”, assuming I care about my investment, but I thought it would be a good idea to waste so much more of my time and everyone else’s here. Thanks.
Not to mention under a buck is a NASDAQ de-listing thing which could mean a "merger off" thing, right?
I am likely "further along" than you, but believe me, it hurts! You are down about $2,600 right now, I have much more to go.
Good luck to us both!
After selling 2,030 shares for a $12.9k loss, I'm holding 7,990 shares at 4.89. Not good...
Just looked into that, L2 shows 100 more at 1.44, 100 at 1.49, & 2,000 at 1.52 on the "ask"...
Think of it as a "swap", not a sell. Look at the PPS of VPCO & VAPO. If merger goes through, you will receive 2.07 shares of VPCO for every 1 share you own of VAPO. Assuming VAPO shares are available, why wouldn't EVERYONE do that now for a reward in May?
I was thinking about swapping out some of my VPCO (at a big loss by the way)for VAPO. If you had no problem getting the shares, that blows the liquidity theory, maybe?
There is something in the filing, I think, showing the number of shares VAPO will receive using the 45% figure.
Wish I were more confident I knew what I was doing!
Well said, however I respectfully disagree. I see a sphincter pincher forming and I'm real good at charts...
The filing contains the merger details. It clearly states that VAPO shareholders will receive 2.07 shares of VPCO for each share of VAPO immediately after the merger. Do the math.
I'm not sure what part you're confused with? My confusion is why isn't VPCO trading "much lower" right now or VAPO much higher? This appears to be a "true arbitrage" situation.
I would love for someone to tell me what I'm missing!
I said this before but the pps to split ratio makes no sense to me?
Filing states VAPO shareholders will get 2.07 shares of VPCO for each VAPO share. So with VAPO at 1.44 VPCO should be trading at .70 cents. (1.44 / 2.07)
Go the other way and VPCO at 1.06 means VAPO should be at .51 cents. (1.06 * 2.07)
If nothing changes, buy 1,000 shares of VAPO today for $1,440. After merger, get 2,070 shares of VPCO. 2,070 * 1.06 = $2,194, a 65% gain.
Wish I knew what I was missing?
Thanks, I know I can do that but I want them to send me stuff when it is released, like other companies do. They claim they will. I don't want to "check the website x times per day" to see if there is news! Just bugs me a bit...
Greetings, FWIW, I've sent 3 emails requesting to receive all news, PR's, investor info, etc.
I have yet to receive an acknowledgement or any 8k's...
I find this post capricious and arbitrary.
I Googled "regulation SHO explained". A site called "counterfeiting stock" is in the list. It is very wordy, lengthy & contains examples. I know nothing about the author.
It basically backs everything you say including Reg SHO rules are a joke and many companies are driven in BK ALL THE TIME. Offshore accounts, buddy-buddy system, loopholes, etc., etc...
...give themselves Xmas bonuses?
Apologies in advance, would appreciate any info. Dumped 20% of my Vapor Corp. after holding for over a year with $13k in losses and started a position in ECIG over a buck. Been adding "frequently". I need a hug...
Yeah, both my hands are bleeding now too...
My 2 cents, I wouldn't expect the merger to close before mid-May so don't look for much until then...
When I saw the mis-print, I immediately did the most sensible thing. I pasted a couple of screenshots of my inflated accounts into a Word document. Now I can daydream anytime I want...
I'm holding 8,000 shares at $4.89, only because I sold 2,000 last month for $12,900 loss.
Feel better now whiners!