Please temper exuberance here, there are many factors affecting these prices and what some folks here believe they will receive in the from of a dividend of the other company.
It's comical how it's all being lined up and presented as some beneficial benign event for people holding this or the other otc crap ticker.
History lesson and likely what is occurring:
The share ratio distribution of the dividend will likely be minimal. Something in the scope of; you get 1 share of the other company for every 1,000,000 shares you own of vpor. Why?
(a) Look at the outstanding shares of both companies. It makes no sense at all! vpor is bloated with shares, the other crap ticker has 1bil.
(b) vpor with billions of shares able to be purchased pre-confirmation of deal on the 29th, why wouldn't the entire otc community be here, buying up? Because it's BS and/or a ratio that is not beneficial (see below).
It is strictly an opinion; holders will get 1 share of other company for every 1million they own of vpor, maybe worse ratio.
I.E., if you own 200mil shares of vpor, you get 200 shares of new company. Multiply that by .48 a share that new comp trades at = $96 profit LOL...
In reality, it doesn't matter because there are likely very few (maybe 10 or so) people that have been holding for years. Thus, vpor execs do not have to deal with that anxiety, they deal with day trade otc flippers that do not care what the company does. It is now a clean relationship between majority flippers and execs.
Everyone here is flipping. It is a dumpster fire clown show.
Just remember that this event is no different than prior events with vpor. It is a promo to attract buying of shares for lenders and friends and family to dump into the retail buying.
It's just another way to skin the cat for drawer, yanni, and george.
Keep in mind, OR how about this; research every announcement made by them in the past going back 4 years, regarding new businesses and revenue ideas, and determine how many were carried out and executed to 100% reality and profit to the net income line on their financials.
For the newbees, remember this is the beginning of the otc p&d season, where all these clown show scam artists present new and amazing tricks. It lasts through March usually. If you buy daily, sell before market close. Be in cash after market every day. Do not hold overnight. These dumpster fire otc tickers 99.99% of the time go heavily south after Feb.
vpor is no different, we can provide proof of other "drawer/george" tickers
be careful
