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Re: killmaster6666 post# 2865

Thursday, 11/13/2014 5:51:14 PM

Thursday, November 13, 2014 5:51:14 PM

Post# of 62131
Thanks for following up. I actually found that last night via the VAPO OTC filing. I honestly don't understand how the $1 mil & $3.5 will affect the company as far as debt or dilution goes but they need funds so I'll take it as "not negative".

Regarding the "$25 million", as I thought the details are being worked out. I doubt we'll get them tomorrow but ya never know. The one thing I found interesting however is the wording:

A total of $20,000,000 to $25,000,000 (the
“ Subsequent Financing ”) to be funded
after the consummation of the Merger.
This investment shall be made pursuant to
a disbursement schedule and shall be
subject to Vapor’s compliance with certain
financial covenants and restrictions and
Vapor’s achievement of certain
performance-based metrics.


Could be my wishful thinking, but it sounds more like "at least $20 & up to $25 will happen" instead of "maybe happen"?
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