Replies to post #15034 on Vapor Group Inc (VPOR)

[MuRk MoNsT3R]

Ty @psychoOnwallst #wolfpack for your DD and response to the SA piece !!!

$SPLI

[detearing]

I skimmed it and never read the SA BS. SA did that to a number of companies I had...gave up a while ago even reading that head spinning bs written by some young 20 year old kid told what to do...

I read the stuff from the company...we be fine.

Vapor Group, Inc., SPLI, Releases Preliminary Results of Operations for Calendar 2013
DAVIE, FL--(Marketwired - Mar 27, 2014) - AvWorks Aviation Corp. (OTCQB: SPLI), (the "Company", "AvWorks"), released today a preliminary statement of the full year 2013 results for Vapor Group, Inc. ("Vapor Group").
For calendar year, 2013, the Vapor Group's first full year of operation, it had gross revenues (audited) in excess of $1,975,000, which were achieved by steady increases in sales month-over-month throughout the year. Although final audited net profit figures are not yet available, Vapor Group was profitable in its first year of operations. Final audited financial statements for 2013 will be released in the coming weeks.
Dror Svorai, President and CEO, added, "For Vapor Group, the last 6 months of 2012 when we started were essentially all startup mode, significant sales activity didn't begin until May, 2013 and we are proud to have launched so successfully in our first year! So far 2014, is far outpacing 2013 in terms of revenues and anticipated profit. We believe our first quarter 2014 results, when announced, will prove this statement."
"Important, readers need to remember that Vapor Group, Inc. didn't merge into AvWorks Aviation Corp. until January 22, 2014, and that we hired a new PCAOB-qualified independent accountant more or less simultaneously, to make sure that our books and records are accurate for 2012, 2013 and beyond. Moreover, as you will see in the coming days, subject to the review and audit of our new independent accountant, we are amending many prior year filings of AvWorks Aviation Corp. in order to add accuracy, transparency and to help build investor confidence."

[Welcome2Pinkyland]

The official Psycho Response to SA article on SPLI
The official Psycho Response to the SA article on SPLI

Full Disclosure: I am long in SPLI and have no plans to sell in the next 72 hours, Days,
“CEO Dror Svorai previously committed 3 criminal offenses, has 12 federal tax liens, was accused of breach of fiduciary duty and securities fraud.”

Dror was charged with several offenses, but never convicted

“Dror Svorai has been involved in a number of failed penny stocks; one of which was suspended by the Securities and Exchange Commission.”

Honestly, who cares if he was involved with several penny stocks that failed, that’s the same as saying someone had several failed businesses before they had a successful one. Which is the case for a large majority of business owners in America today. SPLI is his masterpiece.

“Clear violation of Exchange Act Section 10A(a) in tandem with the resignation of the company's accountant.”

This is the author’s opinion based on his interpretation of that particular guideline, not fact, and not something that was violated.

The author goes on to bash financials from the pre-merger company before it was what we know as SPLI today, despite his “updated version” he even admits to having limited knowledge of the financials that he is calling into question.
The fact of the matter, is that in startup mode, most companies are operating at a deficit for sometimes years at a time due to things such as but not limited to:
Expansion
Acquisition
Production site build out
Inventory
Marketing and Advertising
Distribution
Etc.
Despite the mentioned above Dror and SPLI has produced extremely significant gross revenue numbers at this stage in the game far outperforming that of its competitors.
I would not be surprised if the net profit of that reported revenue exceeded 20-30%.
To sum this up, SPLI should in all actuality emerge as a profitable company operating in the black (positive cash flow) in its 1st year of existence. This is not common and paramount to company’s success.
In addition, if you completely throw out the numbers, the company is setting the standard in the quality of product, innovation, industry leader partnerships, and regulated health and safety standards in the market today.

The THB vapor box seen here

Insight into why E-Liquids are not all the same seen here

Exclusive “American Green” product line with ERBB seen here

Acquisition of online E-Cig retailer seen here

Combine the above with upcoming catalysts in the ticker/name change as well as full, audited financials and you are holding a genuine fucking unicorn.
In this sector you will see certain companies start to gain momentum and become targets for hit pieces similar to the article out today. It has happened with PHOT, ATTBF, ENRT, TRTC, MCIG, etc. who have all had articles come out bashing the stock coinciding with a short attack. It comes with the territory.
SPLI is a foundationally solid company with a very bright future ahead. Take all of the shit talking with a grain of salt because it will continue to happen.
The CEO Dror Svorai has been and will continue to be completely transparent about his past and what the company’s plans are moving forward. He has welcomed several members of the wolfpack to come visit, take a tour, and answer any questions they may have.
I would encourage you to wipe your ass with that article and do the DD yourself. You won’t be disappointed.