Thursday, April 30, 2015 9:59:29 AM
In addition to aforementioned I have been watching to see if Dror will follow through on his previous statement contained in the final paragraph of the 8-K on March 20, 2015 with respect to the most recent increase in the AS:
"Regardless of this increase in the authorized, the Registrant plans in the coming weeks to pay in full before maturity one or more additional convertible promissory notes that collectively account for a large quantity of shares held in Reserve. Such action by the Registrant will result in a meaningful reduction in the total Reserves, as well as the prevention of further dilution of the common stock by the Note holders being paid in full by the Registrant."
There does exist other possible scenarios such as a buy back to retire these shares, albeit IMO less likely than a RS, to make the necessary corrections and bring inline a more realistic evaluation of Vapor (Market Cap) when this does move up. Like many here I find it interesting watching ECIG's progression and as such I see some real possibilities for VPOR. On a final note and knowing a little something about the growing medical use and permitting of Cannabis. I also see a possible tie in to this industry-movement given that VPOR already has a product that can be further developed and thus make a foot print in this potentially explosive industry as well. That said..GLTA.
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