Vapor Group Inc (VPOR)

[SooS416]

Does it really matter what it is. Could be host of things, Deferred tax asset, intangible hanging out waiting for finalization of purchase accounting or any number of other things

But who cares, what matters from the financials is:

$966k in revenues
$646k in Gross profit, margin of 67%

and would have been profitable if it were not for the acquisition


All this from a company that has been public for 3 months at the time and in operation for a little under a year.

At the end of the day the balance sheet is just a reflection of the income statement. the only difference being that the balance sheet is at the day in time and the income statement is for a period of time.