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Good morning NEWC!! Looking forward to seeing another big Green Day! GLTA
Love the staircase on the chart moving up. This should hold this time.
Yes buy trust me this is going to
Fly.
V Looks like your short position on this one is going to get smoked. Hope you have the funds to cover or it's lights out for you. Go NEWC! Daddy needs a new house.
This stock is going to be a huge money maker ! Enjoy the ride!
Looking better today. Looks like the big seller is out for now. Let's hope for an all green week.
Does anyone think the dumping has stopped? Can anyone tell me how many shares are on the bid a .005?
I just called the transfer agent and they are not allowed to give out the share structure for NEWC. That probably means it is Campo dumping shares. If it wasn't NEWC doing the dumping why would they not want share holders to know what the outstanding share count is?
Here we go .0002 on deck!
Volume has increased today which is a good sign. Hopefully someone knows we are very close to maxing out the AS.
Only 770,000 left on the ask. Hopefully once that goes we will be at .0002.
Anyone with level 2 can tell me how many shares are on the ask at .0002?
Thank you in advance!
Thank you Florida!
Can anyone tell me how many shares are on the ask at .0002?
Can anyone with level 2 tell me how many shares are on the ask at .0001?
Also anyone know what the current OS is?
There currently is no RS approved or pending.
big sellers are still here, buyers are the ones gone.
Crunched some numbers on trading history and i'm thinking the current OS is around 7 Billion, so 3 Billion more to go. If the trading volume stays this way we may need a few weeks to max out.
This loss in Volume really sucks.
Does anyone have the current OS?
AS increase or RS split needs to be approved by shareholders first. This could take a month or so after AS maxes out. Which if they do increase the AS or RS that give us a month window to make some money. Whoevers in this stock thinking long they will have to wait a very long time to turn a profit with a 50 million dollar deficit. If you play this stock as a flip there is money to be made.
This should start going up once the AS is maxed out and the toxic dumbing stops.
Does anyone know what the current OS is?
Transfer agent not answering my request on the current OS.
the worst part is only 224.2 SHARES will have a vote out of the 5 billion. This is obviously by design. Well at least we now know that Kevin is not part of this scam as he is getting scammed by VPCO. Also if you look at today filing all of VPCO management combined own only 15 shares. LOL
Either way this company is now finished unless Kevin can come up with something very quickly he just lost 150k. If company gets vote game over if they do not get the vote game still over as they will have no choice but go into bankruptcy
Our Board has fixed the close of business on June 16, 2016 as the record date for a determination of stockholders entitled to notice of, and to vote at, this Special Meeting or any adjournment thereof. On the record date, there were approximately 224.2 million shares of common stock outstanding. Each share of Vapor common stock represents one vote that may be voted on each matter that may come before the Special Meeting. As of the record date, Vapor had issued no preferred stock which is entitled to vote.
Thank you!!
Can anyone tell me if NGBL already has a RS approved by shareholders?
I'm pro this stock but i still do have my concerns on why he bought that much. He left VPCO in good terms and worked closely with current CEO for many years, so they are friends.
If Kevin votes to increase the AS that will tell us he is on VPCO side. I'm still concerned he bought to control the vote.
Business men like him don't buy that many share to flip. He may see this as a long term investment which is not good news for us. if it is long term investment for him this PPS will continue to suffer for months to come.
I guess we will all know more in the next couple of days. Can't wait to see the S4 filed to see what the warrants are amended too.
GLTA
according to the news they released it will change the value of the warrants, see below.
or Corp. Announces Intention to Conduct Registered Exchange Offer for Outstanding Series A Warrants
DANIA BEACH, Fla., June 21, 2016 /PRNewswire/ — Vapor Corp. (OTCQB: VPCOD) (the "Company"), a leading U.S.-based distributor and retailer of vaporizers, e-liquids, e-cigarettes and e-hookahs, announced today that it intends to conduct a registered exchange offer to provide both $0.25 per Series A Warrant exchanged and a Series B Warrants of the Company in exchange for each of its outstanding Series A Warrants.
Each outstanding Series A Warrant currently represents the right to (1) effect a cashless exercise permitting the holder to receive shares of Company common stock under a formula set forth in the Series A Warrants or (2) purchase one share of common stock for $1.24 per share in a cash exercise. Currently, under the formula for a cashless exercise, each Series A Warrant represents the right to receive approximately 5,410 shares of common stock. As of June 20, 2016, there were 70,644,794 Series A Warrants issued and outstanding. All of the figures with respect to the Series A Warrants do not give effect to the two reverse splits of the Company common stock in 2016.
The terms of the Series B Warrants are expected to include the following features:
Each Series B Warrant will be exercisable into one share of Vapor common stock at an exercise price per share of $0.01.
· The shares of Vapor common stock issuable upon exercise of the Series B Warrants will be registered for resale pursuant to a registration statement prior to issuance of the Series B Warrant.
· The Series B Warrants will expire on July 30, 2021 compared to the expiration date of July 23, 2020 for the Series A Warrants.
· Similar to the Series A Warrants, the Series B Warrants will contain a limitation under which exercise is not permitted to the extent that the holder or its affiliates would beneficially own in excess of 4.99% of the Company’s outstanding common stock.
The Company expects to commence the exchange offer following the filing of a Form S-4 registration statement setting forth the terms of the exchange offer.
After doing some quick math, looks like they will need around 7 billion more shares to satisfy the warrants if they are able to amend them.
Yes your right if that all happens but as i have told you before this is a stock to trade not invest. Buy a.0001 sell half at .0002 and just got your investment back and will ride this on free money.
Also 723 Billion AS is stock suicide and no one will buy the stocks converted warrants. This guys are snakes but they are also business men that know how to play the game.
I have a feeling that we may increase our AS but only enough to cover the conversation on the amended warrants which will equal a much lower amount.
If anyone can do the math on the amended warrants will be interesting to see how many stock they convert too. Whatever that number is i will assume the AS will increase to that number.
Further more the numbers they are using are in accordance with today's Warrant lay out. Meaning they are able to amend the current warrants as previously announced, that number will be way, way lower.
Just to be clear, on the 8K they claim they need 723 billion to satisfy the warrants. They did not state that the AS increase will be voted for 723 Billion. They state that a AS increase will go to vote but still have not disclose what that will be.
The claim of how many warrants are needed is included in just about all of their filings, so that is nothing new.
agreed this is strange as the volume is still going crazy. Lots of buyers still here.
AS increase still needs to be approved by shareholders
Here we go!! oh happy days!
VPCO about to go on a major run.
Large insider buying + maxed out AS + Warrant conversion amendment = perfect storm . Time to get in on the bottom floor tomorrow before it takes off.
http://ih.advfn.com/p.php?pid=nmona&article=71818648
http://ih.advfn.com/p.php?pid=nmona&article=71818650
http://www.prnewswire.com/news-releases/vapor-corp-announces-intention-to-conduct-registered-exchange-offer-for-outstanding-series-a-warrants-300287853.html
http://www.prnewswire.com/news-releases/vapor-corp-enters-into-fourth-amended-and-restated-standstill-agreements-with-holders-of-its-series-a-warrants-300287857.html
Sorry Renee!!!
I can not send private replies as i do not have a monthly membership, so i need to answer you Publicly.
Once again sorry for the misunderstanding.
yes sir, looks like the D comes off tomorrow.
tomorrow should be a great day!
Looks like the amendment is already approved and official.
Vapor Corp (OTCMKTS:VPCOD) Makes Amendments To Issued Series A Warrants
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OTCMKTS:VPCODVapor CorpVapor Corp (OTCMKTS:VPCOD)
Vapor Corp (OTCMKTS:VPCOD) has announced that it has made some amendments to the standstill agreements of its series A warrants. As per the changes, the warrants have been restated to allow them to be repurchased or exchanged in certain additional circumstances. In particular, the warrants now carry a price per warrant, in accordance with the recently announced exchange offer, announced by the company.
The company also engaged with the holders of these standstill agreements, who agreed to receive only common stock of VPCOD, in place of stock and cash, with respect to the section 1(d) of the warrants. Furthermore, the circumstance of the company not being able to meet the equity condition, of maintaining its stock price at or above $0.01 per share. It should be noted here that an estimated 85% of the series A warrants have been affected by these changes.
Apart from updating its issued series A warrants, Vapor Corp announced that it had also repurchased approximately 2.85 million series A warrants. The company revealed that each of the series A warrants had cost them $0.25 and another warrant to allow the holder to purchase shares of the company’s common stock, at an exercise price of $0.01 per share. VPCOD also revealed that it expects to save a total of $3.1 million, in terms of potential payment obligations in the future.
The company had initially announced its intent to purchase the warrants earlier in the day, before moving swiftly to close the deals.[color=red][/color] It should be noted here that each of the series A warrants allows the holder to receive shares of the common stock from the company. Moreover, the holder can also purchase a share of VPCOD, at a price of $1.24. Each series A warrant also represents the right to receive a total of 5,410 shares.
Vapor Corp (OTCMKTS:VPCOD) doubled in terms of share value, at the end of the June 21 trading session. The stock had a trade volume of 2.37 billion, to reach a close at $0.0002 per share.
YES!! Finally this stock is about to take off. 10x banger here, load up people.
No more .0001's to grab as no one is selling at .0001 anymore. People start grabbing the .0002 and take us to .0003.
.0002 is still a major steal.
Yes once we start getting some buy's on .0002 this will start moving.
Hopefully it will be sooner than later.
should happen this week, Thursday or Friday.
VPCOD still has about 600,000,000 more shares to go before the AS is maxed out at 5 Billion.