Replies to post #33987 on Vapor Group Inc (VPOR)

[TheSittingtight1]

CEO and COO surrender back to the treasury 25% 40% or even 50% of their common restricted shares. This will lower the O/S. Then the tresery retires them shares. This will lower the A/S.

No R/S or buyback needed........

In return, the Company issues them a equivalent amount of preferred shares (ratio) so they still maintain control of the company.

That is how it is possible.

Now they could also pay off the convertible debt prior to Oct. 29. 2014 and returned/retired that amount of shares that could (remember Hanover has the option to convert at there discretion) have been converted (up to 4.99% of the float) back to the treasury.

again, No R/S or buyback needed........

Have a great night and rest of weekend.

ST 1.375M