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Re: YesWeCannabis post# 66827

Wednesday, 04/15/2015 12:46:28 AM

Wednesday, April 15, 2015 12:46:28 AM

Post# of 111920
I read between the lines like this. The guy had a plan going back awhile now. He's an insider of course and knows stuff well in advance before we do naturally. He new awhile ago what distribution deals he struck and what kind of revenue it would bring in etc. He didn't seem like he wanted to raise the authorized to 4.5 bil. He had to though because when they take out notes there has to always be enough authorized in the treasury as collateral. A couple of weeks ago he says he intends to make a substantial payment to avoid further dilution (para-phrasing). There might be another modest note that hits but it seems to me his plan was that awhile back he knew the distribution deal he hit on and I see on here they are even selling in Shoprite too? Anyway, he planned ahead and figured out when there would be enough revenue that would have come in and know what notes were left that he could wipe out. Long story short of what I'm saying is that I think simply we have been waiting for VPOR's accounts receivables to come in and build up so he can make that "substantial payment". I also take it that him making that statement just two weeks ago means that revs have been good and he can follow through on his plan. If accounts receivable side wasn't doing so hot he would have know it as of two weeks ago and would know that he would not be able to make a future substantial payment.