Vapor Corp was warmed about the warrant units by the NASDAQ stock exchange. VPCO was kick off of the NASDAQ because the investigating committee states in it report finding that the converted warrant units would hurt the common shareholders. NASDAQ kick them off of their exchange, and VPCO went to the OTC pink sheet. They could not go to the OTCQB not until their ipo pps reaches .01 for 10 straight business days. Which they never did. I don't know how they got off of the pink sheet without reaching this most have rule. FIRNA did not force this rule, and that was wrong. The highest I have seem VPCO on the Pink sheet was .0097, not .01.
VPCO should have never been trading on the OTCQB unless it had meant all qualifications to be trading on the OTCQB, which it did not.
Someone please correct me if I'am wrong.
All IMO.