Tuesday, August 19, 2014 6:15:09 PM
Vapor Group has not diluted as evidenced on the face of the Q with 343M shares outstanding of which 85% inside owned.
They also used the Hanover loan to buy over $700k in inventory in addition to opening 4 retail locations. Oh and they also attended canibus cup, weedstock conferences.
Any investor can clearly see what the company is doing with the capital. I work for a public company that will do over $400M in rev this year and over 1.5 EPs. Couple months back they did a convertible debt offering for over 250M. They are acting more like a big board company and are raising capital that is being dumped right back into the company.
Until they prove otherwise there is no reason to question what they are doing. They increased Q2 rev by 2000% and over 2M in first 6 months of year on there first 2 quarters as a public company and there 3rd and 4 the quarter of existence
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