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Well I know I would fire someone for messing up with the taxes.
Look at Q3 numbers. This really isn't a scam company. It was getting close to being profitable. We have to be missing some key to the puzzle, but what is it?
Oh interesting. I thought Mary owned both.
What do you mean by Payback? Not really in this stock much so I don't know the latest updates.
What is the purpose of holding the stock at this point if they are shitting down?
I'm interested to hear some feedback from some others that may know more on this.
Do you believe this was a surprise to the company or so you think they knew all along?
Is there any potential benefit for them to BK one of their subsidiaries that is doing very poorly? Could it have been failing so bad that it was best for them to drop it and get some sort of tax benefit?
Well it appears the biggest problem is the acceleration of $103 million in debt. Not sure how the company will handle this but Dan should definitely say something to its shareholders as to what their plan is.
I feel so as well. The company doesn't have the bad surprises anymore. Just slowly trying to turn profitable as they continue to increase their presence.
I'm glad these guys are showing up. Explains exactly what's going on and that it's not real selling. The shorters caught sight of the ECIG pattern at the moment and are pushing it down to scare people and hopefully make a profit. Bad time for them to hit right before earnings when the stock is anticipated to rise. Chart pattern is changing as well as long term down trend broke a couple weeks ago. They may get stuck with their short shares and I hope they do. =]
Well they increased quarter over quarter. Year comparison is hard in this industry, since it is so new.
Haha. It is true. I'm not sure too many woman would appreciate your comment but as a man, I understand the reference. Lol.
I anticipate one more drop to form a double bottom. Then a slow move north. Just my honest opinion.
The time is now. I have followed this stock since their first attempt to Nasdaq it. This is the first time I have seen them in a complete bottom. They're expanding, many of the bad choices have been minimized, and their revenues are poised to start increasing.
It may waver a little the next month or so but as it approaches earnings, larger investments will begin to move in.
This is all just my opinion.
They get paid either way. They actually get more technically if the stock price rises.
Thanks for the reply. I have been dealing with Etrade since the original separation of units and they keep saying that can't get the terms from the DTC. So it's really annoying. At least you got them exercised. I however am worried I am going to get stuck with them forever.
I am not part of the 85% I don't think. I didn't sign anything that's for sure.
Since the price is based on a black scholes price does it constantly just keep dropping the longer I am stuck with these warrants?
ChuckBits, I have been with you on this board here for a while and I know we both hold warrants? Have you been able to exercise yours? I can't get E-Trade to push them through for me.
You can't just "null and void warrants". You might as well say lets just "null and void" all your shares. The warrants are worth money that is owed to the holders. The holders are just regular people. The only route to save the company which is the route I believe they will ultimately take would be to pay the warrants in cash to stop the dilution. We will have to see the 10-K to see if they will have the money to do this.
You seem like a nice guy as I have seen you before so I just feel bad hearing about people buying in when I can tell you the stop has a long way to go until bottom.
I am currently a warrant older and am waiting for this to hit rock bottom before converting. The reason I know it is going to drop a lot more is because the warrants are in favor of that. Wait until around 70% of the warrants are converted and then buy in if you believe in the company.
This is all just my opinion. Please stop the bleeding that we see everyday.
It's going to keep going down.
Will either RS affect the value of the warrants or are they adjusted up to hold the same value?
They can't get it above a dollar anymore. Even with 1 for 70 RS.
I would sell my friend. Convertible notes selling.
This is very helpful. Thank you Chuck.
Hey Chuck,
I was wondering if you could help me with the breakdown.
Each unit:
1/4 share of series A preferred
Which converts into 10 shares at an exercise price of $1.24
20 shares or Series A.
How do you get the total amount of shares you get from each?
I keep thinking an exercise price of $1.24 is hurting us because the stock price is not higher than that. I am probably very confused. Any help is appreciated.
Hey Chuck,
I was wondering if you could help me with the breakdown.
Each unit:
1/4 share of series A preferred
Which converts into 10 shares at an exercise price of $1.24
20 shares or Series A.
How do you get the total amount of shares you get from each?
I keep thinking an exercise price of $1.24 is hurting us because the stock price is not higher than that. I am probably very confused. Any help is appreciated.
Most brokers take a while to get the shares into your account. The instant sell off we saw was due to those who can access the shares immediately for whatever reason. So we are still waiting to see what happens when the regular traders finally do get their shares. They may hold or possibly just sell this thing into oblivion. It's unfortunate but I hope there is more clarification for the companies outlook at tomorrow's meeting.
Good post Chuck.
Chart is looking nice for breakout. Repeated highs. Going to break through big.
Do you have any proof to your claims? I would be interested to know. I don't believe selling a stock because the CEO is heavy set is a good way to trade stock. Lol.
I know at the latest it will be Monday.
I am curious to know why the stock price and the unit prices are inversely related. As one goes up the other goes down and vise versa.
In general the units split into about 30 shares.
The good news is we know that the shorts are still here. Which means if and when this pops, there is always the potential for a mean squeeze. ??
Somehow you must have missed the constant PRs they put out for it. Good try on the negativity peace shorty.
No volume on the bid today. This may move quicker than we thought.
What is the point of working so hard to open up so many stores?
What is the point to have one of their own father's invest millions into the company?
There is no logic to your theories. At the moment you can hold on to others fears and make some money, but it will not last forever.
Management has not been the best at times but neither are any of us sometimes. I believe they are trying to build a company. The E-cig market has been taking hits on all ends, not just VPCO. It will only take a matter of time before profits move in and the fear of regulations mellow. Good luck to all and this is all my opinion.
Yoshi can't own more than 85% of the company. He has reached this point and cannot buy any more.
The new registration for is the same as the one that already came out on 4.17.2015. It has just been amended.
They did a very good breakdown of debt in this 10Q. Nice to see.
There are many ways to avoid wash sales for day traders. I don't pay any mind to them at all.