Wednesday, March 25, 2020 10:13:21 PM
On 02/21/20 Frija filed an 8-K stating that VPRB and entered into a Equity Purchase Agreement for $5 million with DiamondRock, LLC - but the note is toxic/dilutive.
Frija has to file a S-1 and the reason is that the stock will be free trading immediately.
Frija has used DiamondRock since 2016:
"The Company is also announcing the signing of a new financing note with DiamondRock LLC. This $500,000 note has terms that we feel reflect the current market, while more in line with our current stock price. This note will allow us to draw down as needed to finance our ongoing and new business ventures and will better serve the Company's needs??.
Neil Rock, Principal at DiamondRock, stated: “We are pleased to be able to support Kevin and his team going forward and we are excited to be chosen to do this deal."
IG
"And the CEO looked, and behold a pale horse: and his name that sat on him was Death to Scams, and Hell followed with him."
Recent VPRB News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 11:00:24 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:10:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 08:14:37 PM
- VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • InvestorsHub NewsWire • 05/17/2024 12:04:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/16/2024 08:06:07 PM
- VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • InvestorsHub NewsWire • 04/19/2024 03:24:43 PM
- Turning Point Brands Canada Named Exclusive Master Distributor for VPR Brands' HoneyStick in Canada • InvestorsHub NewsWire • 01/05/2024 12:13:41 PM
- VPR Brands LP Announces Strong Financial Results for Q3 2023 • InvestorsHub NewsWire • 11/15/2023 12:22:19 PM
- VPRB is Proud to Announce Its Uplisting to the OTCQB Market • InvestorsHub NewsWire • 10/10/2023 11:08:14 AM
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