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Unless a miracle of ethics and human decency is achieved this week prepare for triple zero's < .0009 (less than) for the rest of the month. D= Don't look at the SMA it is not a good tool to use with these circumstances.
Thank you for your incite. I try to learn from everyone I can.
With real products we can buy? I find that promising. How other stocks that are only based on speculation have higher PPS baffles me.
post 102194 ...newgens website is gone they don't exist anymore. They're an archived record only now. Please read "The Stewy's" post.
That is about where I am at. EZ Grinder Inc. is Dror's. The company mapping has a direct 1 arrow that goes to his name and his name only. With Dror stepping down we didn't get clarity of what and will happen with the Easy Grinders that Yaniv and team have been out promoting and selling. At this time EZ grinder inc. is still part of VPOR and no spin off announcements have been made or publicly made.
If I want to really fire a shot across the bow, we can speculate Yaniv taking control of VPOR was a stipulation of Dror for the team to go out and sell his easy grinders and throw him all the money. The Q2 Financials almost support this sad speculation. Money is not accounted for on the amended Q2 Financials on Friday. That is now public record and this can be seen and verified. Where did the money go?
We are left with crazy speculations at the moment and this should never be the case. VPOR you have an outstanding product in the Easy Grinder. The bubble maps of everything that is VPOR was even larger than I anticipated. What other company/companies is bringing the rest of company down? Are we eating another full start up cost with Simple Cork. If so, that is not so bad if it was addressed and documented properly to shareholders.
Yes, I went a little sideways on speculation. Just straight talk us in a heart felt address to shareholders that honestly believe in this company. Q2 Financials and disclosure statements were handled with a "F" grade. It is unacceptable. Was VPOR kicking so much Butt with EZ Grinder INC. and Dror's product so much that other peoples responsibilities in the company were ignored to make more sales? Honestly that is a good problem to have, but whew!!! the copy paste of the Financials was very very bad...
I will direct you to sticky post 102177. I have the US patent office paper work PDF for Simple Cork listed. really neat stuff if you never saw the Patent office paperwork. It is very detailed of the product. You are very welcome in advanced. Also I have mapped out every major person and company listed with VPOR in that post.
Since SF holdings is the new name to deal with. I did dig this up from the eCommerce down in Florida.
Newgen Concepts, Inc. Overview
Newgen Concepts, Inc. filed as a Domestic for Profit Corporation in the State of Florida and is no longer active. This corporate entity was filed approximately one year ago on Friday, July 15, 2016 as recorded in documents filed with Florida Department of State. There are several officers known to have been associated with this organization at one point.
Name
Dror Svorai -President and Director
Arik Cohen - Director and Secretary
Avi Simhon - Director and Vice President
Yaniv Nahon - Vice President
Asaf Cohen - Vice President
(Looks like the Vice president position was a revolving door)
link for reference (it is not what I know, but what I can prove)- https://www.corporationwiki.com/p/2s5d25/newgen-concepts-inc
Authorized Shares 8,000,000,000 a/o Jul 31, 2017
Outstanding Shares 5,073,788,021 a/o Jul 31, 2017
-Restricted 92,532,043 a/o Jul 31, 2017
-Unrestricted 4,981,255,978 a/o Jul 31, 2017
Since guidance isn't really happening around here. I wanted to show you some cool stuff.
If you never seen a patent before here is what one looks like and this happens to be (TA-DA) Simple Corks!
http://www.freepatentsonline.com/20170021977.pdf
The name we all need to learn around here is Shalom Ohayon. He is the inventor of Simple Cork.
Another thing I want to share is the VPOR network and how each member or company is tied in.(it might be hard on the eyes, I had to take a picture of my screen)
Following the map: arrow lines go underneath boxes. The name or company is only tied to a bubble by an arrow point to that bubble. The biggest surprise is about the Easy Grinder (EZ Grinder Inc.) That is 100% Dror Svorai's baby. He is a solo link to that entity, but with all his other connection it still loops him back to Vapor Group and just about everything else.
More to come if replies come in. Welcome to what I have been studying for months.
Stewy
I am a fair guy and l am only putting out facts that can be verified. In no means do I want want this company to fail. I believe in the products and the potential of the company.
I looked into 2016 reports and after 12 month filing the officer compensation was 1,188,982. This means one time in 2016 they got this officer compensation.
this can be verified here on page 4 on F-2. (facts) https://www.otcmarkets.com/financialReportViewer?symbol=VPOR&id=169077
In 2015 and 2014 they didn't get an officer compensation at all. It remained zero. If they copy pasted the filing from the April 5, 2017, that filing had 1 officer compensation for the entire year of 2016. With this, my theory of -copy paste- the officer compensation could of been over looked and left on the balance sheet from the April 5th filing that pasted over to the August 14th filing.
I don't believe Yaniv and team lied. I strongly believe someone made a mistake and they tried to cover for that person. Even though the numbers still don't add up on the balance sheet, I don't see a cover up but an honest attempt to fix a mistake that should never be made by a CFO. 1.2 million is pretty hard to miss...
I will leave my sticky post up as it has accurate information on it. Fair is fair.
Yes we know, people are betting this company is heading to triple zero's .0009
oh snap, even I make mistakes, Jorge Schcolnik was appointed a member of the Board of Directors... ya fire his ass!
Jorge Schcolnik was just named as the new CFO on July 20, 2017. Since he is walking into someone else work lets give him another quarter to get the books straight.
On page 4 the officer compensation was removed.
(Loss) from continuing operations on Tuesday was (1,555,741)
(Loss) from continuing operations was changed to (366,759) on Friday.
Smaller details:
Advertising and promotion for 6 months
was adjusted from (Tuesday) $42,170 to $80,724 (Friday)
Interest Expenses for 6 months
was adjusted from (Tuesday) $358,154 to $625,090 (Friday)
Depreciation for 6 months
was adjusted from (Tuesday) $2,478 to $2,147 (Friday)
Commissions for 6 months
was adjusted from (Tuesday) $1,991 to $4,605 (Friday)
Professional fees for 6 months
was adjusted from (Tuesday) $29,502 to $45,331 (Friday)
General and administrative expenses for 6 months
was adjusted from (Tuesday) $136,128 to $131,141 (Friday)
Jumping down to the math as the numbers don't lie:
OTHER INCOME(EXPENSE) go down a few lines and you will find
Total other income and (expense) Net (Loss) Earnings 3 months
was adjusted from (Tuesday) ($2,100,266) to ($911,284) (Friday)
subtract $2,100,266 - $911,284 = (eliminated officer compensation) $1,188,982
The adjustments they made do not equal the $1,188,982. The numbers are still wrong, their is a lot of money not accounted for.
---MIC DROP from atop of MOUNT EVEREST---
I will be fair and honest, I don't disagree with any of your post on this one. I am sure you read my post today. My testimony is all what I can prove and something is up with the cash flow of the company.
Looping to your facts- Yes we can see the new distributors. I can't wait for simple cork! Simple cork is why I invested with VPOR in the 1st place. I will also follow up, even with my not happy responses (fair is fair, whining) I added shares at .002 and .0019 this week. I am hoping to cash in like you're but I am a little rattled how things went down in Q2.
I am a big picture and numbers guy. When it is all said and done the numbers don't lie.
I believe in the products VPOR has. The easy grinder is an outstanding product. I own one and I have showed other people it. Some of these people went to the website and bought a grinder. Simple cork is brilliant and I am anxiously waiting for it to come out. The only gaps are how the books are being run with suspicious numbers that questions where the cash flow is really going.
When Q2 financials came out Tuesday I saved the PDF file and even printed it out. Than VPOR changed the numbers on Friday to remove officer compensation from their 2017 filings. I also saved that report and printed it out. I have done a side by side comparison and I see how the numbers were moved around. It is not my honor and reputation on the line...
Something fishy is going on here! We as investors are left out in the cold when we ask for clarity and guidance on questionable topics. We wanted a heart felt response and we got another easy grinder review.
I am convinced VPOR short sells its own investors and tanks thier stock on purpose. Why you ask? If you bought at .003 or more month ago and the Q2 fins upset you. VPOR wins if you panic sold for less. When you lose they make money as you sold your shares for less than you paid for them. VPOR gets paid as long as shareholders pay thier salaries. VPOR corrected thier books to hide the officer compensation from public record. What else is that is left to prove we aren't being conned? If Q3 has no easy grinder sales on it anD VPOR still claims Easy Grinder is their product and they're collecting revenue for it... than this is a slam dunk for the SEC to investigate with a class action lawsuit.
Is there any proof Easy grinder sales go to VPOR? The Q2 financials sure don't show it.
I hurried to finish my last post as I had a knock on the door. My life long buddy of 25 years that is also a shareholder of VPOR stopped by. I opened the door and said hi and stepped outside onto my deck. I always shake his hand when I see him. Always... When I went to shake his hand he took a swing at me!
With all my training, out of instinct, I deflected his punch with my left shoulder and forearm. I spun him 180 around, kicked out the back of his knee, and put him in a full nelson till he calmed himself down. Long story short: he blames me for buying VPOR shares and how much money he lost on Tuesday. He told me he sold a lot of his shares out of panic. Before I let him up. I told him I want you to walk straight back down my drive way and go home. Call me tomorrow when you got your head straight.
Seriously! people are getting hurt now! A 25 year long friend took a swing at me. Come on Yaniv and Team, I don't deserve this....we as shareholders don't deserve this.
Hey guys! I have been mostly responding to private messages lately. Their have been a ton coming my way. I know a lot of us are down big time in our portfolios, some of us thousands and thousands... We know who we are.
My thoughts are neutral at the moment as negatives and positives of this stock are oddly in balance. I will not list the obvious negatives ATM, but the positives are still there. If you believe in this stock .002 is a good price per share. The recent shows proved Yaniv and team are out their trying to sell the crap out of the company. These show also added new vendors which we can confirm. Yaniv allowed one of our share holders into the New York City show that really wasn't open to the public. That was a class act and he didn't have to do it.
I know how a lot of you feel. I feel like poop too, but I am giving Yaniv and team the chance to deliver for us. We have been footing the bill as shareholders for a good while now. Fair is fair, and VPOR knows they owe us one.
Stewy
I agree we need something solid on why Q3 is going to be huge. Yaniv stated this in the PR yesterday with nothing to back it up. We are left with confusion from the Q2 financial that made no sense. We have an investor on the board speculating an order number in the 650,000 range. As investors that see the Financials, we can see the sales are not high enough to cover the "officers compensation" each quarter. This means investors are paying your salary. We want solid proof on why Q3 is going to be huge.
This is a cat and mouse game. Mixed signals everywhere. I'm just saying I got more shares this mourning. Vpor is a confusing ticker right now.
I will put this out there. Easy Grinder has done major shows in Q3. New vendors have put the product up. Thier is surportting evidence Easy grinders are selling. That is as far as I will go with this post.
Tomorrow will be an interesting day... It could go off like a rocket or be flippers paradise. This ticker.... It has had every emotion for me except pure joy yet.
Thanks for doing that! In Yaniv's position he might not be allowed to answer those questions directly, but only advise you. Yaniv did have in the PR today that Q3 is going to be HUGE. Cat is out of the bag with that order number. It may force his hand to release more info!!!
I know right. I have posted a long time ago that activity with this stock is the wildest and craziest I have ever seen. Logic doesn't apply here most of the time! Got to love it though!!!
VPOR know what you own, "poop" can go anywhere with this ticker!!!
Since I had a number of messages piling up in my Ihub inbox today, I will continue to tell you I am 100% committed and all in. I can't explain the Q2 reports... it baffles me and all logic is missing from that. How 45,000+ orders grinders doesn't make an impact in Q2 report is beyond my reasoning. No matter what happens I am coming for the ride. Up or down. I am frustrated from what I saw today, but I am not a fair weather person. I believe in this company. I believe in their products.
On a funnier and kinda gross side.... I did throw up on my paperwork and my inspection equipment at my machine today. This happened when I saw the price per share hit .0010 early in the mourning. When my buddy came to see if I was okay he about threw up. I told him I am not sick, just my body had a spontaneous freak out.
I didn't go home. I manned up, cleaned up my puke, remade my paperwork and rewrote all the data down.... I than walked into the bathroom and hosed my gauges down and continued on my day knowing my portfolio just took a kick to the nuts!
Yaniv if you read this post. Please make me puke again! This time make it a massive up swing! You owe me one! I hate puking!
Holy (BLEEP) can you please post a picture of your order please. Make sure your address and such isn't visible. Thanks for doing that for the board!
Wish I got a $594,491 officer quarterly bonus! Is that where the Q2 Easy Grinder sales got buried into?
Officer compensation: $1,188,982
Yes I will just waiting for the bottom to hit on panic sells.
no apologies needed. I made my own choices =D Q3 is likely to be HUGE!
As proof I brought up my post from June 10th, 2017. (Still in Q2 financial range) If I am order number 41,111 why isn't the other 40,000+ grinders sold on the books?! please click the original post (98165).... Something with the books for Q2 is wrong and clarification is need immediately.
It is hard to watch the ticker keep dropping, but patience is the key here!
I am surprised your up this early to. I took my post down. The share flippers are getting to me. I don't like the negative effect it is putting on the rest of us. =D I see us as a team of investors and the team is getting hurt by the share flipping.
Good luck tomorrow everyone, especially to our longs that held on this long. I have a bottle of The Macallan 18 year old sherry oak single malt scotch on the shelf. Will Tomorrow be the day it gets opened? Will I have to wait until Q3 or Q4 fins? Time will tell and time is on our side!
VPOR, nothing but up from here!
The 500 investor rule:
A SEC stipulation requiring a company that exceeds 500 individual investors with more than $10 million in assets to file its financials with the Securities & Exchange Commission. According to SEC rules, such a company has 120 days following the end of their fiscal year's end to file. If the data on the website is correct 744 investors claim they own VPOR shares.
The 500 investor rule is a key threshold for private businesses which do not wish to disclose financial information for public consumption.
If VPOR has achieved 10 million in sales they will have to file with the SEC under this rule or face penalty. I am not sure if they got to 10 million in the short time Easy Grinder was out in Q2, but who knows right now.
Agree, this is why was complaining about the flippers tanking the stock this low. Greedy people messing with our positions... we need to get up to .003 quick and before fins.
Here is a random thought, does VPOR still own Smart Wheels INC? Haven't heard anything about this wheel making company in a year or so.
I am personally hoping for a 20 bagger from where we are @ .0024. I think .048 would be nice and shiny! Although that nickle.... silver so close...