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JacquesStrap

01/06/16 7:13 PM

#5835 RE: Komrade33 #5834

In exchange for each Unit, a holder of a Unit will receive 128 shares of Vapor common stock and an Exchange Warrant to acquire 64 shares of Vapor common stock. The Exchange Offer is conditioned on at least 90% of the Units being tendered and not withdrawn.

JacquesStrap

01/06/16 7:14 PM

#5836 RE: Komrade33 #5834

The Exchange Warrants will: (1) be exercisable at an exercise price per share equal to 120% of the closing market price of Vapor's common stock on the expiration date of the Exchange Offer; and (2) be exercisable for a period of five years