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Alias Born | 12/19/2009 |
Monday, August 25, 2014 12:18:05 PM
I do have another opinion..
So, Vapor pays off Hanover and takes the 4.99% which is equal to the convertible notes and instead of surrendering/retiring them they (Vapor) use that revenue as a dividend to there loyal shareholders...
Here is how it would work...
4.99% of O/S 343.5M =17,140,650
Take the 17,140,650 (or less) and divide it among the loyal shareholders as of, lets say April 15, 2014
343,500,000 divided by 17,140,650= 20.04
So for every 20 (or 50,100,500 what ever the ratio) shares you owned as of 4/15/2014 you would get a loyalty divined of 1 divined share added to your account...
Now people will ask why not a cash divined, I will say it takes money to make money and the 4.99% had done it's job, it is cash......apx 2.57M @ 15 cents (convertible price) Hay shorty, RUN!!!!!
Hell I could keep going on, point is that Vapor is moving forwards and we are all here to make money. I am a loyal share holder and supporter of this company and will be here at $10+.
Have a great day and remember folks that this scenario is a out side opinion only.
ST w/1.375M long
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