Replies to post #43135 on Vapor Group Inc (VPOR)

[LGL8054]

It is my believe that at least some of the shares have been issued to Hanover and Dror is afraid to tell the shareholders about the big screw up so we have to absorb the shares. If the stock price was at .18 cents or above we would have to give Hanover less shares but at today's low price they get many times the shares.

[phinhead1972]

Absolutely correct. Hanover can't even start messing with dilution until after 10/29, and even then, only 1/3 of their shares.

I noted weeks ago that the dilution was old SPLI debt., friendly debt diluting to clean the books for Q4 and reporting, possibly even Q3 balance sheet.

I have predicted in the past that at least 1/3 Hanover will be paid soon, and the rest refinanced to mid or late 2015 with better terms and more funding to grow.

I feel that Hanover will trigger and dilute that refinanced debt in the form of profitable shares later in 2015, and likely in a slow manner so as to not completely destroy the PPS.

Hanover makes larger profits by selling the shares at the higher PPS trigger price, not at under 2 pennies.