Vapor Group Inc (VPOR)

[phinhead1972]

Absolutely correct. And now that the friends and family have stolen their piece, they move to the next phase Dror, Yaniv, George unlock of preffered in the summer and dump to collect their part of the corrupt puzzle.

The PR this morning was hilarious. Use of vague terms like- "we plan to open more stores", "we will likely not do an R/S in Q2".
The funniest being that creditors won't allow them to pay off the debt. PUHleaze! All of the convertible debt contracts have early payment allowances as long as the borrower pays the interest.

It's all BS.

Shareholders should form a committee to pursue legal actions on the fiduciary breach that has happened. At least, to ensure that these guys do not open up another company anywhere in the U.S..

They can go back to wherever they're from, and run their 3rd world businesses.