Vapor Group Inc (VPOR)

[Sgreg]

People keep saying authorized share collateral is not required at such a high level that VPOR would need to raise authorized to 8 billion. All I am pointing out is that VHUB had to raise theirs 8 fold from 140 million to 1 billion for debt of a few hundred k. Nothing is even converting. They are making monthly cash payments. Typenex (the lender) and the auditor required the absurd increase in authorized shares for VHUB. Even if they convert over there the increase is absurd. VHUB had no choice. It was required by the loan. Given that as an example I'm saying that yes some lenders or some auditors do require an absurd amount of authorized shares as collateral. Lets allow to accept the possibility that VPOR had to raise to 8 billion because of collateral instead of everyone dismiss it completely.