VaporBrands International Inc (VAPR)

[buhg1b]

The company reported 'net profit' after taxes. Sounds like net income to me which does not include:
Depreciation
Adjustments To Net Income
Changes In Accounts Receivables
Changes In Liabilities
Changes In Inventories
Changes In Other Operating Activities
Capital Expenditures
Investments
Other Cashflows from Investing Activities
Dividends Paid
Sale Purchase of Stock
Net Borrowings
Other Cash Flows from Financing Activities
Effect Of Exchange Rate Changes

Therefore we do not have a complete picture of the financial situation but the information that was released is encouraging. It sounds like the company has enough working capital to draw down on their LOC and increase throughput by improving vendor relationships partly due to more timely a/r functions. I may visit the Mt View office this month or next month. Do you have any questions for the good folks at TTCM China (domestic office)?

All imho, glta.