Replies to post #87991 on Vapor Group Inc (VPOR)

[CashBowski]

They did report a couple of major points that directly contradicts your theories...

"We are paying down old debt to prevent the issuance of additional shares of the Company from the conversion of this debt which can only result in the further dilution of our common stock." He added, "We regard this reduction as being good news for our shareholders. Clearly it also benefits the Company since it will help us improve our financial strength. In order to pay off this convertible debt, the Company borrowed funds at a reasonable interest rate on terms that do not include any conversion rights of debt to equity, or in any way require the issuance of equity, options or warrants by the Company."

Under the terms of the Merger, NewGen Concepts will immediately explore the spin-off of each of Vapor Group's subsidiaries as an independent, publicly-traded company, wherein the first spin-off would occur in early 2017 by a share dividend to existing shareholders of record on a given date of ownership. The first such spin-off will be Total Vapor, Inc., which is currently expanding its product offering into vaporizers and related products suitable to the growing market for legal Cannabis products sold in the United States.

I'd be seriously considering a new line of attack because this one seems to be way off.