Vapor Group Inc (VPOR)

[TheSittingtight1]

Wow, I was just answering a question as to how.... I did not get to listen last night. I will. Interesting enough, this is how I answered the question.... LOL Vapor long... $10 to $15 easily.... IMO

wolfjr Saturday, 08/23/14 04:46:38 PM
Re: love your neighbor post# 33972
Post # of 34092
They are only two ways they can lower O/S! share buyback or R/S

beamin1 Member Level Saturday, 08/23/14 04:48:50 PM
Re: wolfjr post# 33977
Post # of 34092
You're missing the very crucial #3, I'll let you figure that one out on your own.

TheSittingtight1 Saturday, 08/23/14 06:06:55 PM
Re: beamin1 post# 33978
Post # of 34092
Beam can I guess? lol

wolfjr Saturday, 08/23/14 08:15:56 PM
Re: TheSittingtight1 post# 33984
Post # of 34092
Go ahead do it

TheSittingtight1 Member Profile TheSittingtight1 Saturday, August 23, 2014 9:20:33 PM
Re: wolfjr post# 33987 Post # of 34092
CEO and COO surrender back to the treasury 25% 40% or even 50% of their common restricted shares. This will lower the O/S. Then the tresery retires them shares. This will lower the A/S.

No R/S or buyback needed........

In return, the Company issues them a equivalent amount of preferred shares (ratio) so they still maintain control of the company.

That is how it is possible.

Now they could also pay off the convertible debt prior to Oct. 29. 2014 and returned/retired that amount of shares that could (remember Hanover has the option to convert at there discretion) have been converted (up to 4.99% of the float) back to the treasury.

again, No R/S or buyback needed........

Have a great night and rest of weekend.

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