Vapor Group Inc (VPOR)

[underweartrader]

reread again, Dror has little to no voting power


the 34.61% of the Issuer’s Series B
Preferred Stock held by Dror Svorai, only represents 5.31% of the total votes that may be cast by the shareholders based on the current quantity of issued and outstanding shares of all classes of stock. On July 20, 2017, Dror Svorai resigned as an officer and director of the Issuer or any of its subsidiaries, and sold 100% of his Series A Preferred Stock to SF Holdings LLC, a company with which he has no affiliation.

The big question is who is SF Holdings:
As a result of holding 100% of the Issuer’s Series A Preferred Stock, SF Holdings LLC is the sole controller person of the Issuer with 56.17% of the total votes that may be cast by the shareholders in any vote for any purpose based on the total quantity of votes that may be cast per the current quantity of issued and outstanding shares of all classes of stock, (See Section “C. Beneficial Shareholders.” that follows.) SF Holdings LLC acquired the Series A Preferred Stock in a private transaction wherein it purchased said shares from Dror Svorai, former President & CEO of the Issuer, on July 20, 2017, with whom it is not affiliated, concomitant with his resignation as a officer and director of the Issuer and each of its subsidiaries.