Vape Holdings Inc. (fka VAPE)

[neverenough44]

If you are not aware, Vape Holdings took over a "shell" company called peoplestring to get a ticker symbol. MCI* did the same exact thing when they took over Lifetech. Most companies do a reverse split out of desperation. Vape is doing it from a position of strength in order to get the old peoplestring shareholders to sell out. When the reverse split occurs the number of shares you are holding is divided by 40, but the stock price is multiplied by 40. The value of your stock does not change. On January 6 the reverse split occurs and the company name officially changes over to Vape Holdings. I would expect that they have a steady stream of press releases ready to go starting on Monday. The other thing is that the ticker symbol is going to change from plpe to vape twenty business days after the 6th which is February 3rd. Once the ticker changes that will eliminate some confusion over exactly what business they are in.