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allenc

04/30/16 11:28 AM

#15107 RE: BeeDoubleU #15105

Nice post. That last paragraph sums up things here IMO:

The potential for such highly dilutive exercise of the Series A Warrants may depress the price of our common stock regardless of the Company’s business performance, and could encourage short selling by market participants, especially if the trading price of our common stock begins to decrease. In any such event, your investment will be adversely affected.


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iwant1mil

05/02/16 12:21 PM

#15133 RE: BeeDoubleU #15105

That's why this is a SCAM, con men agreed to the warrant conversion and knew they would need more than a single 1:70 R/S. Sad thing is that the 1:20,000 won't even be enough once the dilution start, so expect even another R/S a few months after the 1:20,000 sink this turkey again.

The Series A Warrants, described on page 19 of this report, became exercisable commencing January 23, 2016. The Series A warrants contain a cashless exercise feature that provides for the issuance of a number of shares of our common stock that increases as the trading market price of our common stock decreases.


From this you can clearly see that a R/S does not affect the warrant holders. Because of this clause, the warrant holders are not affected by the shrinking pps, because they will just get more shares when the pps drops.

VPCO is a total money sucking SCAM.