Vapor Group Inc (VPOR)

[ZDanger]

There is quite a bit of convertible debt, $889,620 w/ $105,273 accrued interest. This wouldn't necessarily be worrisome, but the terms on some that have already been converted absolutely sucked. Between 1/17/14 and 2/27/14 $75,000 in in convertible debt was converted to 64 million shares. It converted at $.001? Then 250,000 preferred shares that eventually will convert at 100:1. I was very bullish on VPOR, IMO the A/S is very worrisome, it was raised to 2 billion for a reason, and not that long ago.