Vapor Group Inc (VPOR)

[underweartrader]

The biggest concern with this merger is the valuation of NewGen since there is no apparent assets to the company except patents which can valued as worthless, especially if the product is garbage.

The AS was increased because NewGen has no hard tangible assets, untold debt and the company needs to raise money through bull honkey accounting practices. VPOR has no cash with shady debt going on. Thinking anything else, especially if you believe the most recent non SEC filings, is naïve.