VaporBrands International Inc (VAPR)

[mfitrader]

Won-Gil Choe claims to know little about the company NOW other than what their products are. Has anyone asked him what TTCM China's debt is? He used to say the company's founder does not believe in having any debt, so the company is debt free. Yet when you ask him NOW how much debt the company has, he will tell you he does not know. When you ask him how the company got $3 million to pay off their short term debt, he will say it is from normal operations. Yet when you ask him how the company is still profitable after paying off millions of dollars in debt on the same revenue they had when they made no claim of paying off debt and barely broke even, he will tell you he does not know. When you ask him if the remaining short term debt is closer to $1 million or $10 million, he will tell you he does not know. Yet he has gone on record many times saying the company's founder does not want TTCM China to have any debt. When you ask him how to explain the discrepancy that Reuters shows TTCM China is losing millions of dollars while the company is saying it is profitable, he will tell you he doesn't know. When you ask Won-Gil Choe if he knows if the company is profitable, he will NOW tell you he does not know because he has never looked at their financial statements and only says and writes what the company tells him to say and write. Yet when you ask him why the company won't file financial statements with the SEC he will tell you it is because the company cannot afford to. If you ask him if the company is expanding or hiring more employees, he will tell you he doesn't know. As president of the company he must know he is going to be held responsible for the company's false announcements and statements, regardless of how ignorant of the company he NOW claims to be.