Good question. In my opinion, the units are actually undervalued by the street. If you exercise the cashless warrants at the right time, you may not only get a whole bunch of shares, but you might get a whole bunch of shares prior to a pump. I don't think insiders have "lost anything" so to speak, because they're holding on to the units. I bet they'll start buying them back soon after they scare retail investors away from them by letting the common stock drop so low.
Is GBSN being sued? I was aware they were being investigated... but because their share price dropped from $6 to six cents in a couple of months. I highly doubt VPCO will be anywhere near six dollars by the end of January. To me, their game is obvious: keep the price low so they get more shares out of the units. Again, I'm not an advisor, so don't take my advice. But have I been wrong yet? To me, this looks like total manipulation. Everything just seems so choreographed. And management to this point clearly has shown no willingness to prop up the stock price in order to avoid massively diluting shareholders.
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