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Re: None

Tuesday, 02/16/2016 10:01:42 PM

Tuesday, February 16, 2016 10:01:42 PM

Post# of 62154
As of December, they had about $28 million in cash & equivalents.

As of "last week", there were 73.6 million warrants outstanding. VPCO is obligated to pay 1.08 cash for EACH warrant or the equivalent in shares. So, they would need $79.6 million in cash to settle all warrants.

Someone tell me again how awesome it is that they have a " ton of cash & no debt"!

If the pps were to hit .01 cents, my $3,300 worth of warrants would be worth $116,951 dollars! Yeah, this is gonna "run" alright...
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