Vapor Group Inc (VPOR)

[Sgreg]

Not one person to challenge my question from two days ago. I will ask again then and i will continue until one of the authorized shares nervous nellies gives me an answer. Some you you completely dismiss that the a/s raise could have been done mostly because the lender or the auditor requires it for collateral. Again I will repeat the case of VHUB. VHUB has 68 mil shares outstanding. They owe Typenex on a convertible loan and owe a few hundred thousand. They are making monthly cash payments however and say they intend to continue cash payments. A couple of months ago there were forced to raise authorized shares 8 fold to 1 billion. I will say it all again.
- VHUB had to raise authorized 8 fold to 1 billion from 140 million because of collateral requirements by their auditor and lender.
- VHUB only has 68 million outstanding shares.
- VHUB's debt on the convertible loan is a few hundred k.
- there is absolutely no way it would take over 900 million shares in conversion to satisfy the loan.
- they are even paying back in cash in monthly payments and always said they intended to and say they will continue.
- No dilution has occurred there. 68 million outstanding before the authorized share increase and 68 million now and the authorized share increase was more then 3 months ago.

I want to here an intelligent answer from any of you to explain to me why you think auditors and lenders don't require absurd authorized share increases as collaertal. All you guess keep saying is why did VPOR need to raise so high and it can't be for collateral requirements. If you say and think that then you need to explain why VHUB had to raise theirs 8 fold.