This isn't the first time someone says that it may not be appropriate for them to release numbers. I presume that you mean sales numbers.
Well, if we take a look at when EG was coming to market, they had no problems when they announced that they pre-sold 20,000 for their March production run. Then they reported, once again, that they had pre-sold another 20,000 units which sold out their June production run. $1,000,000 generated for each run. That was exciting news very easy on.
So, it's more of a matter that they won't rather than they can't for some secretive reason. If they were to release great sales numbers; wouldn't that also help stimulate awareness and curiosity in the public's eye.
Very early on, they were putting out positive, forward looking statements. They followed these PRs with news of the upgraded version. They spoke of positive results at various industry trade shows. A US based distributor with 7,000 outlets was on the horizon. A Denmark based company with 400 brick and mortar stores was coming into the fold. Amazon and then Amazon prime was added and on and on. All of these PRs were telling us, effectively, that we were a company on the move.
Demand was so great that Yaniv went to China to open our own factory to meet the current and projected demand. 20,000 units per quarter was not going to fill the demand for the hottest grinder coming to market. Pictures from the trip were posted to help solidify his cause.
Let's not forget the PR which said that 2017 is going to be a record breaking year. That added to the excitement as well. We still have time.
Remember that great surprise Yaniv posted of? You don't put out a statement like that to pre-announce bad news. Good news was expected and has yet to be delivered. He led us to believe great things were coming "soon." Yaniv, please explain what that was. Enough time has past for you to reveal to us what you meant by that.
So, now, for them to suddenly shut their mouths at a time when they built up the frenzy for great results is so very disappointing.
Yaniv, you have let down one of your largest voluntary sales forces; your shareholders. I've never heard of any other company who's shareholders take it upon themselves and hit the streets to sell our product to local vape stores in their areas.
How many shareholders have brought friends, co-workers and family into the VPOR fold based on the positive news that you continued to release?
Yaniv, please be more forth coming with hard sales numbers. Please let us know how you will grow our company's value. Debt reduction? Share buy back? Our business plan?
We, the shareholders, deserve answers. It's our company too.
Just for the record, I am not trashing the company. I am still holding all of the shares that I had prior to the fins release.
