Vape Holdings Inc. (fka VAPE)

[420marijuanastocks]

The PR this morning was straight up mollification.
"To date, no stock has been issued in connection with the HIVE ceramics asset purchase which is subject to shareholder approval at the meeting"

Then they repeat that they are working to acquire HIVE "with shareholder approval"

You go to the meeting and tell them you think they are guaranteeing themselves too much for an unproven product and see the response you get. I would guess more mollification if not just outright ignored.

IMO the deal will happen as it was printed on tuesday. The PR today stopped the bleeding. If the agreement does go through how it was written it will bleed again until it is at a reasonable valuation.

This is not hocus pocus magic. It's all based on numbers.

For those that think the PR this morning answered everything and that the stock should have rose to $10 if it wasn't for those damn market makers holding it down I've got two words and a question for you. Why weren't shareholders loading the boat in the 6's?