Vapor Group Inc (VPOR)

[FatFreddysCat]

DAVIE, FL–(Marketwired – Mar 14, 2014) – Vapor Group, Inc., formerly AvWorks Aviation Corp. (OTCQB: SPLI), (the “Company,” “AvWorks,” or “Vapor Group”), announced today that its Board of Directors had passed a resolution cancelling the previously announced 30:1 reverse split of its common stock, as per the 14C Information Statement filed with the Securities and Exchange Commission on February 11, 2014, and accordingly will notify all appropriate regulatory authorities that the reverse is withdrawn.
Dror Svorai, President and CEO, said, “We have become increasingly aware that putting into effect the 30:1 reverse split of our common stock has had a mixed reaction from our shareholders. Therefore, the Board of Directors decided that, for the benefit of our shareholders, we should cancel the reverse split and let the stock rise on its own merit while we continue to focus on growing the value of our stock by the growth of our business.” He added, “That said, the Board may take up the matter again later this year for a smaller reverse split solely to set the stage for its movement to a larger exchange, but for now, there will be no reverse split.”

I will be surprised to see any .05's but I am buying more if it gets back to low .06's. Green action again today after yesterday will be a bullish signal.