Vapor Group, Inc., VPOR, Announces Second Debt Prepayment of Over $100,000

Davie, FL – February 19, 2015 – Vapor Group, Inc. (OTC.QB: “VPOR”), (the “Company” or “Vapor Group”), announced today that on February 13, 2015 it had paid $148,000 (prox.) to prepay in full before maturity, and before the date of any potential note conversion to stock, a second convertible promissory note, dated October 2014. The note paid by the Company was in principal amount in excess of $100,000. This payment constitutes the second such prepayment of a convertible promissory note ...

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Vapor Group, Inc., VPOR, CEO Issues Letter to Shareholders

Davie, FL – February 4, 2015– Vapor Group, Inc. (OTC.QB: “VPOR”), (the “Company” or “Vapor Group”), today released a letter to shareholders from its President and CEO, Dror Svorai.  In the letter, Dror Svorai addresses several concerns of shareholders that have been brought to his attention.

Dear shareholder:

As a result of requests from several of you, I am writing to give you more information on recent events affecting your Company. I will address these one-by-one as follows.

The Increase in the Authorized: ...

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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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