You are very right on this Bo Donkey. I was intending to make my first purchase of Vapo tomorrow, but when I read about the reverse split, I am now hesitant to do so. It's not bad enough they are considering a R/S, but 1 for 50 ? Are you kidding me? 1 for 5 maybe I could deal with, but 1 for 50 would turn the 7000 shares that I was about to buy into only 140. I would be losing almost all 7000 of my shares in the blink of an eye. I don't like the sound of that.
I was excited about making the purchase, but now I may not even do it. Probably safer for me to just buy more TRTC. Speaking of TRTC, they might actually prevent the reverse split. It is my understanding that as part of the deal with Vaporin, TRTC received 1,500,000 shares of Vaporin stock. Now if they do a 1 for 50 R/S, TRTC only gets 30,000 shares? They will have lost almost all of the 1.5 mil shares in the blink of an eye. I don't think they'd be too pleased with that. And I was complaining about the 7000 shares I don't even own yet. Just something to think about.
JMHO. GLTA
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