Replies to post #6739 on Healthier Choices Mgmt Corp (HCMC)

[FIERCE]

I received an answer from the Transfer Agent:

The current issue and outstanding number of shares is 475,597,698.

Previous 8k accused VPCO of violating the following law:

17 CFR 240 12d2-2(a)(3)
The instruments representing the securities comprising the entire class have come to evidence, by operation of law or otherwise, other securities in substitution therefore and represent no other right, except, if such be the fact, the right to receive an immediate cash payment.

This is not very descriptive

Looked like wash trading on the downward move yesterday though.

http://www.investopedia.com/terms/w/washtrading.asp

DEFINITION of 'Wash Trading'
The process of buying shares of a company through one broker while selling shares through a different broker. Wash trading can also make a stock's volume appear to have a lot of activity resulting from the repeated buying and selling done by an individual or firm when, in fact, the shares have never changed owners.

BREAKING DOWN 'Wash Trading'
Wash trading is illegal, as it is done in order to manipulate the market and prompt other investors into buying the position. A quick turnaround in positions isn't considered wash trading, as long as the transaction creates market risk for the trader and changes their market position, even if only temporarily.

[macdwatcher1]

vpco should temporaily tell warrant holders of vpco that the warrants are now null and void....they can talk it out in court....now there will be no dilution....for a while...the other travesty is that vpco didnt have enough voted to raise the a/s from 500 million to 5 billion two weeks ago at the meeting....and vpco still raised the a/s to 5 billion....why bother with proxy votes if they dont matter?

[macdwatcher1]

hello chuck bits......you say vpco got the 28 million from the warrant holders.....with all these moves by the warrant holders and shorting and converting and then immediately sellingconverted shares, the warrant holders have easily recieved well over 28 million dollars...so the warrant holders already got their money back they lent to vpco...the big share volume of selling VPCO shares by the warrant holders has led to this huge slide in share price in VPCO stock....my guesstimate is the warrant holders/lenders of money have already double their money....what the warrant holders are now doing is putting the cherry on the cake....the warrant holders got more than the 28 million they lent VPCO corp. the warrant holders are golden,,,,the shareholders lost 28 million to pay the warrant holders....now you want to reverse split 1 for 1,000 or 1 for 10,000? that wont help the shareholders and that wont help the remaining warrant holders who are holding out for the cash exercise clause instead of the stock swap conversion for a warrant....the remaining warrant holders who still hold warrants will wait for the cash option exercise and take the cash,,,,,which will leave VPCO with no money to pay some of the remaining warrant holders....believe you me, the warrant holders of VPCO made the money they lent plus alot more. and the shareholders will get nothing....i wish the warrants were still on the market for anyone to buy...i'd buy a ton of warrants....buying warrants of VPCO carryied ZERO!!!!! risk,,,,thats the easiest money warrant holders ever made in their lifetime. and there is even more money to be made by the warrant holders at the expense of shareholders.