Vape Holdings Inc. (fka VAPE)

[PotsandPans420]

You do realize that these were option awarded not insiders buying in the open market. They have the right to buy stock at .70. If stock goes to 0 they don't lose or gain anything.


Explanation of Responses:
( 1) On December 22, 2014, Mr. Kyle Tracey was granted 175,000 options to purchase common stock of Vape Holdings, Inc. pursuant to the 2014 Incentive and Nonstatutory Stock Option Plan by the Board of Directors. The stock options are convertible at $0.70 (the fair market value on date of grant) and vest 25% at issuance and 25% each subsequent 6 month period.