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Re: caseyryan1986 post# 18279

Friday, 03/24/2017 2:46:09 PM

Friday, March 24, 2017 2:46:09 PM

Post# of 61758
Right, total SCAM. Vapor con men sold over $17M in Series A Warrants to honest investors. Those investors didn't know that the con men had sold so many warrants and each thought they could simply cash in when the pps rose. But when more and more started converting and dumping, the pps tanked which meant getting more shares after converting. The company then had an A/S too small to handle the unconverted shares so they R/S 1:70, but that wasn't enough, so 3 months later they R/S again for 1:20,000 wiping out all shareholders, but since the warrant holders hadn't converted, the R/S still wasn't enough, so they simply raised the A/S to 750B to prevent lawsuits. This huge A/S was the death of HCMC/VPCO because that meant warrant holders could convert billions of shares keeping the pps at "no bid" until 2020.
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