E-cite' ceo and coo invest heavily, converting loans and deferred compensation to restricted stock at double market price reducing related party payables by over 90% and total liabilities by over 50%

Bothell, wa / accesswire / november 14, 2024 / vaporbrands international, inc. dba e-cite motors group, (otc pink:vapr) announced that its ceo barry henthorn and coo gene langmesser have signed board resolutions converting loans and deferred compensation into restricted stock of (otc pink:vapr) eliminating over 90% of related party payables. specifically, the related party payables resulted from consulting earnings and working capital contributions to the company.
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