VaporBrands International Inc (VAPR)

[mfitrader]

Exactly the opposite... They claimed they were signing and negotiating the biggest contracts in their company's history totaling around $100 million, and said their backlog was substantially higher than the $25 million they had the year before. Months later they announced a backlog of $23 million, and never said what happened to all of those contracts that were the biggest in their company's history that were missing from the backlog. Then they quit issuing press releases for seven months, and the president wouldn't even tell (or let the transfer agent tell) shareholders how many shares were outstanding or authorized. Alleged contracts vanished into thin air, and they waited until their shareholders sold before starting their new run of press releases.