NewGen Concepts, Inc., formerly Vapor Group, Inc. (OTC Pink:VPOR), (“Company”), today released the following letter to shareholders from its President and CEO, Dror Svorai.
http://finance.yahoo.com/news/newgen-concepts...00453.html
Dear Shareholders:
We have become aware that some shareholders have become concerned that there has been recent dilution in the market as the result of the Company’s issuance of shares of free-trading common stock.
For the record, the Company has not issued any common stock in 2017, nor has it in all of 2016. We have “held the line” on allowing debt conversions, and have maintained the same quantity of issued and outstanding common stock for this long period of time. What quantity of shares is trading today in the market is the same as has been trading in the market since 2015.
For the foreseeable future, we do not expect to issue any new shares into the marketplace.
Businesswise, we are a re-invented company. For 2017, we are committed to continue to grow revenues and drive shareholder value. In the coming months, I will provide you with further updates on the substantial progress that we are making.
Very truly yours,
Dror Svorai
President and CEO
Vapor Group, Inc.
http://finance.yahoo.com/news/newgen-concepts...00453.html
Dear Shareholders:
We have become aware that some shareholders have become concerned that there has been recent dilution in the market as the result of the Company’s issuance of shares of free-trading common stock.
For the record, the Company has not issued any common stock in 2017, nor has it in all of 2016. We have “held the line” on allowing debt conversions, and have maintained the same quantity of issued and outstanding common stock for this long period of time. What quantity of shares is trading today in the market is the same as has been trading in the market since 2015.
For the foreseeable future, we do not expect to issue any new shares into the marketplace.
Businesswise, we are a re-invented company. For 2017, we are committed to continue to grow revenues and drive shareholder value. In the coming months, I will provide you with further updates on the substantial progress that we are making.
Very truly yours,
Dror Svorai
President and CEO
Vapor Group, Inc.
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Vapor Group, Inc. (VPOR) Stock Research Links
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
As used herein, the terms "You" and "Your" shall mean you, individually, the reader, and each other party on whose behalf you may use the contained information at any time.
All references to "My", "I", and “The writer of the above post” shall refer to the creator.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in all and any posts.
My posts are NOT investment advice. I am not paid to post.
The writer of the above post shall NOT accept any liability for the accuracy or completeness of the information contained in the above post, for any reliance placed by any person on the information contained in the above post, or for any damage or loss, however caused, in connection with the use or reliance on any information contained in the above post.
The above post may contain links to websites owned and operated by third parties.
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