Replies to post #52256 on Vapor Group Inc (VPOR)

[Cheds]

Sooah Moon $VPOR DD:


I think these are fair estimates. I will maintain my earlier comment that I expect to see debt reduction by at least 1/2 from last 10Q. IF VPOR is able to achieve this and grow revenues as they have been, it is quite possible to restructure Magna/Hanover yet again and perhaps do a fixed conversion price like before or pay it down with new financing and buy an additional 6 months of time before new notes convert.

But you know, only flippers can come up with such well thought out due diligence. At 0037 and current O/S, VPOR's market cap is aligned with its projected, total 2014 revenues. +1c buys on VPOR a month or two ago was a big mistake because the O/S as of 11/14 and pps above 1c gave VPOR a market cap of +$40 million which it has not earned in revenues or otherwise--that is more than 8x this year's full revenues. This explains why VPOR baggies are so upset and are taking it out on new VPOR holders who are buying in at the right price.

VPOR's share price will correct as more revenues are reported while debt is reduced.

BigCheds