InvestorsHub Logo
Followers 8
Posts 119
Boards Moderated 0
Alias Born 02/18/2011

Re: None

Friday, 11/21/2014 5:32:02 PM

Friday, November 21, 2014 5:32:02 PM

Post# of 111921
I'm extremely bullish on VPOR and currently hold nearly 2 million in shares. However, I do have some questions for Dror that I hope he addresses in his upcoming interview:

1) Dror, you have numerous convertible notes that convert at $0.001/share as described in the latest 10Q. Since the majority of these notes are not large, why haven't you made it a priority to pay these off? VPOR's cash increased by approximately $500k this quarter, many of these highly dillutive notes (conversion at $0.001/share) could of been paid off, thereby maintaining shareholder value.

2) Dror and Yaniv formed VGR Media, a Florida Domestic Profit Corporation, on October 24, 2014. What is VGR Media and what is it's purpose? What relation does VGR Media have to VPOR, if any at all?

3) Dror mentioned in his latest shareholder letter that VPOR will have significantly reduced debt or will possibly be debt free in 2015. How specifically does he plan on satisfying the debt when the company is currently cash flow negative? How much of the approximate $2.8 million in notes payable does he plan on paying with cash and how much does he plan on converting into common shares?