E-Cite Motors (VAPR) Eliminates Over 3.3 Million Potentially Dilutive Shares by Paying Down Convertible Debt and Building Long-Term Value

E-Cite Motors (VAPR) Eliminates Over 3.3 Million Potentially Dilutive Shares by Paying Down Convertible Debt and Building Long-Term Value

Management Moves Aggressively to Protect Shareholders and Strengthen the Capital Structure, Delivering on Its Promise to Minimize Dilution and Increase Value While Recent Debt Reduction and Lockup Agreement Demonstrate Long-Term Confidence