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Monday, November 18, 2013 8:30:21 PM
They are being traded as PLPE. The stock doubled today on 10x average volume.
Sterling Scott as well as his wife Diane Scott are listed as primary shareholders of Vape Holdings. Vape holdings recently acquired PLPE through a reverse merger.
The filings state that the company will be selling vaporizers.
On August 9, 2013, PeopleString, the Company's wholly-owned subsidiary, RewardString Corporation, and Vape entered into a Merger and Reorganization Agreement (the "Agreement") whereby Vape will be merged with RewardString, with Vape being the surviving entity (the "Merger"). In consideration for the merger, the shareholders of Vape will receive a total of 187,381,500 shares of common stock of the Company on a pro rata basis in exchange for 100% of the outstanding common stock of Vape.
Anybody concerned that this may be taking Sterling's attention away from Growlife?
Anybody think that this might be a good investment? This would definitely be getting in on the ground floor. Wonder what is going to happen when they put out their first press release. I see the stock price taking off.
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