Vapor Group Inc (VPOR)

[Selett]

That's not how it works generally. Generally speaking...most loan covenants state you can convert X amount of debt into shares at a 10% to 30% to 50% discount to the 3 or 5 or 10 or 30 day average share price (again, every loan is different and the devil is in the details).

The actual share price has no bearing on their ability to make $$ on their discounted shares.