New shares most definitely don't avoid another split. In fact, more splits are just all part of the deal. I don't see what you guys don't get about it. Part of the "appeal" of penny stocks is that they can make people super rich. If you look at this stock, you might seem to think that it was once near $60 a share- except for the fact that it's a split adjusted $60 a share. In other words, people hoping to just get rich quick think their fifty cents could one day be $60 or more once vaporizers catch on, and they might one day live in a house on the beach in FL. So Vapor Co. puts out constant "good news" about their "acquisitions" (without revealing the terms of these deals, mind you) and hope that random people doing research on vapor stocks will buy into their dreams. But the truth is, this group of management never returns shareholder value... and eventually, people caught on . It's a tangled web, but they are being closely watched, I can promise you that. And I'm not talking about you or me, because I don't really care what they do, to be honest.
I am not a promoter or a basher of this stock; unlike many of the pumpers from the past two weeks, I am not here to manipulate the price by providing false information. In fact, since I'm not an investment advisor, don't listen to anything I say. Do your own research, and you will thank me later.
I don't know a lot, but I do know that a new CFO can't just make $41 million disappear. If this stock continues to wipe out investors, and suddenly that money is gone with very little to show for it, it will only be more ammunition in a case against management. But in the meantime, watch out for a flood of new shares that were authorized as of the last shareholder meeting. Have a hard time seeing this stock getting to "respectable" value at this point.
