InvestorsHub Logo
icon url

Spook-You

04/11/16 1:29 PM

#14462 RE: ChuckBits #14461

Lol, family and friend loans is the only reason this is in play. Sure is fun bleeding this POS.
icon url

CashBowski

04/12/16 7:26 AM

#14486 RE: ChuckBits #14461

I mentioned a couple times Brauser family's shady past, and in particular his father Michael and partner in crime -- Barry Honig...I have a link to a Seeking Apha Exposé in the following post that details exactly why they're dubbed as "one of the worse penny stock wipeout teams in America"...

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=121411483

When I mentioned that "certain relationships and related transactions" section of the 10-K should raise questions, that read VPCO was taking on convertible debt with daddy as the lender and benefactor of convertible shares, I for one couldn't help but think WTF?  Not to mention other exclusive business deals in the same section that I'm sure are still ongoing to ultimately benefit the family... Robbing Peter to pay Paul!

This resignation looks to me like, they're covering their base's with any potential problems that could arise from calling into question integrity of fiduciary duties, and certain decisions by a top level executive to benefit his family member. A consultant position would certainly garner less scrutiny, and future relationship transactions wouldn't need be disclosed in subsequent reports. This is just shuffling the deck, but the players remain the same.