Replies to post #102096 on Vapor Group Inc (VPOR)

[LGL8054]

Each share of Series A Preferred Stock has voting rights equivalent to 10,000 shares of common
stock in any election of the shareholders for any purpose and is not convertible into common stock.
As a result of holding 100% of the Issuer’s Series A Preferred Stock,
SF Holdings LLC
is the sole
controller person of the Issuer with 56.17% of the
votes
that may be cast by the shareholders in any
vote for any purpose
based on the current quantity of iss
ued and outstanding shares of all classes
of stock
.
Each share of Series B Preferred Stock is convertible into 1,800 shares of common stock and has
voting rights equivalent to 1,800 shares of common stock in any election of the shareholders for any
purpose.
The entire class of Series B Preferred Stock represents 15.33% of the total votes
that may
be cast by the sharehol
ders in any election for any purpose based on the current quantity of issued
and outstanding shares of all classes of stock
.
Conseq
uently, the 34.61% of the Issuer’s Series B Preferred Stock held by Dror Svorai, only
represents 5.31% of the total votes
that may be cast by the sharehol
ders based on the current
quantity of issued and outstanding shares of all classes of stock
.
**Shalom
Ohayon, listed above as owning beneficially over ten percent (10%) of the Series B
Preferred Stock, is not an officer nor director of the Issuer or any of its subsidiaries