Hi All, this is my email to Yaniv. Waiting for a follow up. I don't expect all to be answered as it may go against the SEC rules but hoping to get something out of this.
Will keep everyone posted.
Hi Yaniv,
I am writing to you on behalf of the all the ihub shareholders who have been around for a while now and are sticking around. Today was a very interesting day in regards to the stock price. Obviously with the current financials released yesterday there are concerns from majority of us (stock dipping 50% and bouncing back in consequence).
I am hoping you can shed some light on the following concerns we all have given the new information. Transparency is key from an owner of a company in order to keep shareholders interest in the company so whatever you cannot respond to if against SEC Rules please advise why you cannot respond to the question.
1 – The PR released today advised that the revenues of the company will only be released in Q3 and there has been "huge" gains. Why not say the actual amount vs general terms?
2 – If you cannot say how much in revenue can you at least say how many units have been sold. Other companies ex Netflix say publicly how many users they have so people can do the math.
3 – Reading the financials there is a lot of bad debt, what are the plans to get rid of this debt with high interest?
4 – Does the plant in China exist as there was nothing to that nature on the financials?
5 – The loan is it from shares diluted?
6 – Who is SF Holdings and how will they dictate how you operate the company?
7 – Does Vapor Group own exclusive rights to the Easy Grinder and what is the affiliation with EZ Grinder corp owned by Dror?
8 – The 40K grinders that were pre sold back in April, were they officially sold and to distributors or retailers?
9 – Why did the price of the Easy Grinder increase twice in the last month?
10 – What is your vision of the company and what is SF Holdings vision assuming all operations need to be discussed with them.
11 – Do you intend to do a share buy back?
12 – What's the angle with Simple cork and total vapor and its subsidiaries
13 – Dror is still a shareholder of preferred B shares in Vapor Group, what is the interest there?
14 – Is it safe to assume with the order numbers when you buy an easy grinder example now is over 600K that is the amount of easy grinders sold?
15 – Who writes your PR's. This is only positive criticism, they need a lot of help as they lack punch! Any way you can invest a bit of money in a company to write the PR's.
16 - what is the 1.18MM in owners compensation
17 - if you have the 600K orders locked up. What are you doing to fulfill these orders or do you have the man power to do so?
With fair transparency I advised the shareholders on iHub I would post you answers.
Thanks
