Let me copy into this reply a portion of my post #4128 on May 20, which is an e-mail from VHUB's contracted investor relations professional:
Equity Investment Sought
Vaping/e-cigarettes is a new, multi-billion dollar sector, growing rapidly. We have a client in the sector that is, we are confident, the most creative company and also sound financially and in its management team. They anticipate $6 million in sales this year and $10 million or more next year. They are looking for an equity investment (not convertible debt) of between $1 and $5 million. If interested, please contact: Paul Knopick
While VHUB is not specifically identified by name, the fact that the e-mail is from Mr. Knopick and the fact that the sales volume is a strong match for VHUB leads one to believe that it indeed is VHUB that is seeking equity capital.
...and this is in no way an adverse development, given how debt-laden the company WAS at that time (much less so now due to the transformation of Gotama loans into stock at a conversion price more than 10 cents over market at the time, coupled with new bridge loan financing taking the place of further tranche-borrowings from Typenex pursuant to an arrangement of last November). However, until we all learn at what price the new shares will be sold, there is an uncertainty hanging over the company - and the common belief is that investors are uncertainty-averse.
So, we'll see soon enough whether the new equity infusion is closer to $1 million or to $5 million, and just as importantly we'll see what the pricing will be on those new shares.
I'm sure there are other answers to your question, but I'd also like to toss a question back to you. You wrote of "so much selling," but every seller has a buyer - given how the stock has appreciated from less than a penny per share last November to over 4 cents these days, I'd believe that the buyers in the past eight or so months have been more emphatic in the marketplace than the sellers. Accordingly, my question to you is whether your point of view of "so much selling" is derived from some technical analysis of transactions that you've undertaken.
Thanks, and I'll close by repeating that I have no position in the stock, nor have I ever. I became interested, albeit in a perverse way, when the Investor-Edge people were bombarding me with pump and dump e-mails in Spring 2014. I was later amazed to learn that this is a company with real products, real retail outlets, and what I think is a real future. After the company's stock suffered last year the predictable backlash in dumping compounded by tax-loss selling late in the year, I think that both the company and its decimated (the all time high was $2.01 on an intraday basis)stock have a bright future, for whatever my opinion may be worth.
