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slow poke

08/20/17 5:10 PM

#102203 RE: wmeshel #102202

Bill this is how I see it going down... Ez G was not brought into VPOR on the purpose to keep it simple, The merger had to happen first for simple cork get backdror <--- listing. Total vapor will be spun off first, I think that was in PR somewhere. This is where it will become its own entity.. thats when Dror and Y will make their merger again into EG. and become whole again. Simple cork goes their way and total vapor goes theirs. We are hooked into both, who knows what SF will do on their end...
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Locksmith

08/20/17 5:10 PM

#102204 RE: wmeshel #102202

On one hand we own the licensing for cork related "stuff". On the other hand, previous PR indicated a Total Vapor spin off, among others. With Dror's departure it certainly isn't clear (to me) where we stand, but it appears grinder revenue may be limited to distribution.

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.

Still waiting on this part to happen...
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Topchef

08/20/17 5:21 PM

#102205 RE: wmeshel #102202

That is about where I am at. EZ Grinder Inc. is Dror's. The company mapping has a direct 1 arrow that goes to his name and his name only. With Dror stepping down we didn't get clarity of what and will happen with the Easy Grinders that Yaniv and team have been out promoting and selling. At this time EZ grinder inc. is still part of VPOR and no spin off announcements have been made or publicly made.

If I want to really fire a shot across the bow, we can speculate Yaniv taking control of VPOR was a stipulation of Dror for the team to go out and sell his easy grinders and throw him all the money. The Q2 Financials almost support this sad speculation. Money is not accounted for on the amended Q2 Financials on Friday. That is now public record and this can be seen and verified. Where did the money go?

We are left with crazy speculations at the moment and this should never be the case. VPOR you have an outstanding product in the Easy Grinder. The bubble maps of everything that is VPOR was even larger than I anticipated. What other company/companies is bringing the rest of company down? Are we eating another full start up cost with Simple Cork. If so, that is not so bad if it was addressed and documented properly to shareholders.

Yes, I went a little sideways on speculation. Just straight talk us in a heart felt address to shareholders that honestly believe in this company. Q2 Financials and disclosure statements were handled with a "F" grade. It is unacceptable. Was VPOR kicking so much Butt with EZ Grinder INC. and Dror's product so much that other peoples responsibilities in the company were ignored to make more sales? Honestly that is a good problem to have, but whew!!! the copy paste of the Financials was very very bad...