Replies to post #4363 on Vape Holdings Inc. (fka VAPE)

[jjphillips]

I think it's more likely that they just pulled the wool over our eyes.

[fisher5]

I do agree with your logic and figures IF this was an accounting error. However, the language in the amended purchase agreement uses the term "post-split" twice and I find it hard to believe this would slip through the cracks unintentionally. You would think while somebody was typing all those zeros in the document (30M, 14.25M, 1.5M) that they would have realized it didn't make sense.

That being said, I hope you are right. 750k post-split is much easier to stomach than 30M post-split. In either case, we need to be suspect of management's ethics or competence. Not sure which one is worse...

[MD-420]

You are seriously advising people to hold after this bs. I just got screwed. There comes a point where you have to sell and I went past and list my ass. If there was a mistake, it should be rectified even for those that sold. If it wasn't a mistake, we should am be selling and suing. I'm so pissed right now.

[phothead]

MHO,We will be up huge by eod on Friday.Good luck to all. my partner and I will be buying with both hands.

[G-OiL-D]

The way I read it,
the Hive purchase has not taken place yet.
The Jan 10 Amendment to Asset Purchase Agreement in part states:
"The company intends to seek shareholder approval of the Asset Purchase and the Amendment at a shareholder meeting to be held by the Company in the near future. The closing of the Asset Purchase and the issuance of the Shares has not yet occurred and is expressly conditioned upon and subject to the approval of the shareholders of the Company at the aforementioned shareholder meeting."

The company really needs to release a P/R soon to clear up a lot of these questions. I am hanging in there until more information is released. glta