Replies to post #23980 on Vape Holdings Inc. (fka VAPE)

[bears3434]

Well said an I CONCUR !!!!
Vape Strong
Z

[Alan Brochstein]

There were 5mm shares back then and not over 400mm like now, and it was a long time ago and a different market. Clearly I erred. A rational read of the situation has suggested for quite some time that this company is a complete joke. The CEO who came and left quickly, Justin Braune, is a great sign that there is no real business.

The last 10-Q, from March, reads like an obituary: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11407795

Huge operating loss, out of cash, big cash burn too. They have big overrides that go to Kyle Tracey and presumably still to Justin Braune on their sales. No investor in VAPE will ever see an iota of earnings - it all goes to insiders and financiers.

The Seeking Alpha author suggest the stock could go to $1 is insane. The bull market in cannabis stocks bailed this one out. .03 is a gift for anyone who bought shares below .01.