Vapor Group, Inc. Reduces Total Number of Shares of Common Stock

DAVIE, FL, United States / September 2, 2014 / Vapor Group, Inc. (OTCQB: VPOR), (the “Company”), announced that the total number of common shares issuable to management have been reduced to 450,000,000 from 750,000,000. These shares are not issuable until July 22, 2015. Under the terms of the merger agreement of January 22, 2014, Vapor Group, Inc. originally was to issue 750,000,000 shares of restricted common stock, but as the result of a subsequent agreement between the shareholders and the ...

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Vapor Group, Inc., VPOR, Announces Reduction in Quantity of Authorized Shares of Its Common Stock

Davie, FL – July 23, 2014– Vapor Group, Inc. (OTC.QB: “VPOR”), (the “Company”, “Vapor Group”), announced today that its Board of Directors had approved on July 22nd a reduction in the total number of authorized shares of its common stock from two (2) billion to one (1) billion shares.

 

Dror Svorai, President and CEO of the Company stated, “Several of our shareholders have expressed concern over the large number of shares of common stock that we could issue over time. We ...

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