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Re: rmezzie post# 28275

Wednesday, 05/21/2014 5:55:49 PM

Wednesday, May 21, 2014 5:55:49 PM

Post# of 111920
rmezzie, If i recall the old company of AVWorks (SPLI) had some debt that Vapor took care of in the original agreement of the reverse merger. It was less expensive to go the way Vapor did than to try a fresh IPO.
Bottom line The Company has 334,381,399 issued and outstanding common stock shares as of March 31, 2014 and a good percentage of those shares are restricted.

I am not a expert on financials so some one can correct my deficiencies.


ST