Vapor Group Inc (VPOR)

[slow poke]

As announced on August 22nd, the Company had entered into agreements with several of its noteholders for the payoff of convertible promissory notes over time. All parties to the Merger have agreed that prior to its closing, in order to strengthen the balance sheet of the Company, the Company also shall have entered into additional settlement agreements for the elimination over time of other forms of debt, including tax liabilities. Such settlements are already in process.

https://www.otcmarkets.com/stock/VPOR/news/Vapor-Group--Inc---VPOR--Releases-Additional-Information-on-Merger?id=139307&b=y