VaporBrands International Inc (VAPR)

[mfitrader]

Many of the press releases TTCM issued over the last year and a half have been false. They waited until the press releases could no longer be seen on YAHOO Finance before churning out a new series. What company buys another BEFORE conducting an audit of its financials? How much did they pay to acquire it? Where did TTCM get the money? They said they bought a power company and were starting to produce electricity. They never bought a power company. They said they obtained the rights to mine vanadium, and expected a profit of $5M to $7M within a year. They never mined any vanadium. They claimed to have signed a number of the largest contracts in their company's history, including several that were works in progress, and when they issued their backlog of orders last June, most of those contracts were not listed in their backlog. They said they have been operating at a profit for years. If you check their Reuters Ranking you will see they have been losing money. Ask yourself, how did they get the money to buy the water meter company? Where is the money going to come from to pay for their acquisition spree? Why have they issued a number of fraudulent press releases? If you still think the company is transparent and its president is honest, you have not done your homework.