Replies to post #94449 on Vapor Group Inc (VPOR)

[CashBowski]

Sorry, but stopped reading after that's not how it works on the OTC LOL.

We don't base valuation on authorized shares (AS) whether OTC, Nasdaq, NYSE...it makes no difference. That's market 101 and understanding the basics of investing. We base value on total of outstanding shares trading in the market, in this case 4.2b shares, sorry to break it to you. AS may be used for potential future issuance often for preferred shares or acquisitions that may never be a factor, but what matters today is solely based on outstanding shares.

[Nate19]

Cheds you can't be serious. AS can NEVER be used as a comparison between companies. Absolutely NEVER. You know this man, stop being arguing that to make a point.

Note to every trader. Be aware of AS, it does have its implications, but OS is the important number. You can NEVER use AS to value a firm.