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Some told me this stock has a chance to pop...! It is so low right now...
It's not over till the fat lady sings is the appropriate phrase in this situation.
All I am saying is it should be via Press Releases.
Do they have a legal responsibility to respond to a letter? I believe they should respond, but responses cost money. A litigation would have to be responded to in order to avoid a default judgment of course.
They should only release info publicly via press releases...
Many times a company goes thru financial difficulties. This company, from posts I read, apparently was responding to investor questions via email...Which appeared to be transparent. Then they clammed up once legal concerns were raised. They also invested their own money to keep the business going...
I haven't verified any of this info but read several posts from other subscribers.
What is your take on it?
Don't expect responses to questions answered. It not only opens the company up to potential litigation, but also unless the info is available to the general public it could be Considered Insider Trading Information..SEC investigation baby! Those fees we pay on penny stocks...That's part of what we are paying for, Enforcement.
I personally believe this Company is actually trying to climb back out. They haven't gotten hard money loans with conversion options for payoff from what I understand, please let me know if you know otherwise.
Good luck to all!
People do make mistakes, as it appears here. Many public companies that are trying to get off the ground run into these issues..Production, sales, tax reporting(properly).
It does seem they are trying to do the right thing now for the company and remaining shareholders. Are they selling product again as of yet?
I would like to see it turn around.
You may be surprised how much effort some people can put forth.
I am holding my shares and waiting for it to go up once again.
Good luck to all.
600k in revenues reported, wait till they increase sales revs quarter over quarter!
Then where will this stock be?...It's all in the revs..
Hello everyone. Does atnm have any revenue to date? I was considering buying...
As I understand it and I am not an expert, there were still outstanding shares that were being held by debt holders. Vpor said no new debt in 2016 or expected in 2017..From what I remember.
If anyone can verify it would be appreciated.
Thanks.
Let's see if all those old conversions are done..
I called Easy Grinder at the (844) number. It certainly doesn't seem like a scam. They answer the phone and take orders...
Please verify info for yourself. Go to easygrinder.com or call the number...
Once they release fins it is going to really jump! Imo.
Ownership does seem comitted to this company with the release of new products and new markets, but who can say for sure.
Good point slow poke. But is there a reason to just let your registration be revoked? I would think that lawsuits would follow from disgruntled share holders if they get revoked.. isn't that a worse out come than just correcting your fins?
Am I missing something here?
The SEC must approve a REQUEST for a company not be a sec filer any longer. Until the application is approved vpor must keep reporting. Most probably, they will eventually be forced to release the financials via court order or face possible enforcement actioins. Check the history of other companies that have fallen behind in reporting and the actions taken.
It is all viewable on the sec website, I believe under the delinquent filers page.
I expect vpor will file and be up to date eventually, and especially after increased revenues, but who knows,
This is all speculation of course.
IMO; it would be fruitless to make inaccurate statements. I understand many of the phrases he uses are not concrete and leave the reader with empty statements... But I haven't seen an outright lie? Have you, just curious. He says "expect, " anticipate ", ect.
Now it seem be is making direct statements about their new products beginning with the whiz board(apparently). He noted considerable sales and stated the intro of these ne w products had to be done to " protect the aggregate profit", at the very least he is committing to VPOR earning a profit not a loss for this current year.
What are your thoughts?
Btw- I wonder if those other companies he ran before had a full staff like they have at VPOR(based on what others have posted after visiting the location). And it seems like the same girl that has been answering the phone.
Has anyone called the customer service number to ask how many units have been sold? Between all the products they have they should be able to stay afloat and turn a profit, imo, and without new toxic debt. It seems we are all stuck until they turn the corner.
Glta.
If they are selling they would want their stock price as high as possible and to be current on fins... They aren't selling imo, just waiting to release fins so that a decent profit can be shown...
Fins will be released at some point for sure, imo.
The SEC is going to force the release of fins, as I have stated before, at some point if VPOR doesn't release.
They are obligated to release fins, IF, they remain in business. Of course some companies never release fins as they go out of business and there isn't a way to enforce. But it looks like VPOR is not going out of business with the introduction of new products and trying to utilize his sales team with whizboard...
Doesn't look like a company that will go under anytime soon. Besides Dror has his 17mil common stocks and the preferred stocks to cash in on still. Imo, Dror does want to be pps to go up to cash out...
The real question is can Dror get this company producing and in compliance....
Glta.
Customer service at whizboard stated that they are selling without Amazon and chose not to be put back on Amazon since they keep 25% after all fees. I suggested they put it back on Amazon for 25% more just for the exposure...lets see if they do it or if Amazon allows that.
Glta. Fins soon?
I actually don't think VPOR turned a profit thru 2015. With that said it will be interesting to see if revs go up with the introduction of new products like smart wheels, vapes, and cbd oils in 2016 & the near future.
Imo, VPOR is trying to turn a profit or why introduce new products. They certainly aren't pumping up stock price by selling new products so it seems to be an attempt to generate profits..imo
Maybe he keeps trying to get these companies off the ground and if they weren't profitable, be bleeds them dry. Imo, if Dror is making money via legitimate sales of products at VPOR, he will protect the income and thus do the right thing by the company., file fins and stay in compliance...just my opinion.
And the SEC will force Fins at some point. By SEC regulation, the SEC has the authority to demand fins for the time frame they were a reporting company. Furthermore, if VPOR wants to become a non reporting company they must first file that request with the SEC AND be approved by SEC to change. Then moving forward they CAN not report...but tvpor hasn't filed for non-reporting status.
In most of the enforcement action taken by SEC, anyone can view, takes about 1 year from the delinquency for the legal action to commence and subsequent court orders to force Fins released...
We have a few months...or it looks like Dror has a few months more to pump up his sales and revs so when he releases the Fins it is good news. Imo, that is why he has been introducing new products and utilizing a sales force already in place.
For anyone let a company go under that is profitable would not make sense to me...I suppose the big question is....Will VPOR or is VPOR profitable right now with the introduction of the new products...ie smart wheels, cbd, or new vapes...
There has seemed to be some stability in terms of employees that work there(at least the girls that answer the phone)..
Any thoughts...?
I suppose it is implied 2016 as they could have said 2015&2016 no r/s...also, based on the context of the statements made(from memory), they said due to shareholder pressure they would hold off a r/s through the end of the year...
Maybe that really meant; fins won't be released until after 2015 & we can't r/s if delinquent in Fins...
Imo fins will appear shortly...
Btw-Dror should still hold 17million common shares and 1mil preferred...it would make sense to release (good) fins and sell common shares at a higher price then r/s and preferred shares stay in tact.
Glta.
Fins are coming...They have stated there will be a r/s in 2016 and I believe they have to be current with fins to do so. They weren't r/s in 2015 so now we are 2016 and the time is now.
Companies that do not file fins are eventually forced to file fins, if need be by COURT ORDER.. I suspect they wanted revs to be up a bit more and now with smart wheels and the new products they should have accomplished that.
Everyone in doubt should read the enforcement actions by SEC regarding late filers...and they do force a company to provide those financials, usually around a year after the failure to file, which for this company would be around May.
So if they know they will have to be released they are trying to pump them up with more sales, imo.
Glta.
When I called they said they still carried total vapor and it was a big seller "due to the competitive pricing"...
Only a sabotager buys 10,000 shares @ .0002... Dropping pps from .0004.
I suspect whizboard will be back on Amazon shortly which will help sales IMO.
I have alerted VPOR and suggested they obtain the name of the complainant from Amazon with the argument that the person is a disgruntled ex stock holder...
Maybe they will cross reference and locate! I think an attorney could get the name and Sue...
Let's see what happens.
I have realized an Interesting Coincidence,
1. An Amazon user calls and purchases a whizboard, shortly after they call Amazon and complain that the battery exploded...(btw- years ago, a friend of mine in HS had a job at sears and connected the battery terminals opposite, the battery exploded....)
2. Cbd is up on the site, I report it on the board and curiously it was removed shortly after. (As though someone called to complain)... Most enforcement agencies move when there is a complaint.(as does amazon)).....
3. Very small grades for a LOWER pps so it appears the stock is lower than what it is......
We have a MOLE or whatever you call that.. A sabotager. A disgruntled ex-stock holder who has nothing better to do now..broke.
Just my gut feeling, any thoughts?
Stealth Vaporizer Pen got great reviews!
California acquaintance said it was the best he has tried in such a compact size...
It seems they have a nice New Product!
Let's see what happens when Fins are filed. Imo, they won't file until the rev's are up and the Fins look attractive.
Anyone with me?
Cbd oils are legal when extracted from seed or stems, they are currently not legal if extracted from leaves or flowers.
Congress should be voting soon to legalize hemp and cbd.
Imo, we are waiting for fins so that they have time to build revs up via smart wheels, cbd, and new vaporizers...no reason to release new products if they were going out of business, and no reason to stay in business while keeping stock price down..
Even if Fins show 1.5mil the stock will go up substantially as long as toxic debt is nearly or completely gone...
The big question is can they be profitable without new toxic loans moving forward?..
I think so.
Has anyone called Resnick lately to ask how the product is moving? And to verify they still carry it...
The fact that VPOR has new products is a great sign, imo.
Cbd will be offered again, again imo.
It's probably due to the fact that some banks don't allow transactions for cannabis products and cbd is questionable...
The point is they have the products but they are so cutting edge that the rules are not clear as of yet...
I agree.
All I am saying is that if you want to let your company go out of business you wouldn't expand upon products sold with smart wheels or come out with new vaporizing equipment or cbd oils.
Imo, once vpor gets on track they have potential.
There doesn't seem to be any reason to let the Fins go so long that the SEC gets a court order to force release of fins or impose court sanctions...legal fees would be involved, ect. Imo, I estimate around a year from when they went out of compliance, Feb. 2015 I think, before the SEC gives the ultimatum, court appearance.. Again, imo, it may be a bit more than a year as they changed accountantants due to prior error which may give them an additional 90days(unofficially)..
Let's see what happens in the near future.
Wouldn't it be better for Dror to release fins before r/s as he still probably holds 17 million common shares...?
It seems as though vpor has expanded on the products they were selling before. The smart wheels line and NOW the CBD oils..
Imo, it really wouldn't make must sense for a company to release new products if they are planning on letting their stock go to no bid.
They have to know Fins must be released eventually. The SEC will force it via court order if necessary (but i dont think it will come to that). When they apply to be a non reporting company and are granted that request, THEN they won't have to release Fins. Prior quarterly and annual reports will have to be made public.
Let's hope its sooner than later.
VPOR now offers CBD oils in their product line, amount other new products. I can't wait to read some reviews.
CBD, for those who do not know, is a major component of cannabis. It has shown promise in the laboratory as well reports the Children can be treated with it to reduce or almost eliminate seizures(usually from Dravets Syndrome). I believe it is still unclear if whole plant substances are needed for relief of if pure CBD works as well. Although, has certainly shown to provide a relaxing effect on the body from what I have read.
I am glad vpor is expanding and trying to keep ahead of the curve!
We should request their new products be reviewed by some online sites.
Quality products are easy to market.
Glta.
Let's hope he posts fins with whizboard sales now included..
I didn't research whizboard thoroughly, Are all Whizboard's sold through good? I see their advertising everywhere...
Wow, whizboard is everywhere..! Seems like could be a money maker for them...