Vapor Group Inc (OTCMKTS:VPOR) is making a huge move up on accelerating volume as the entire sector heats up. Investor sentiment is positive; according to a recent report from MMJ Business Daily, 2015 is expected not only to see more investment dollars flow into the market but it could even outpace the growth rate seen in 2014. States like Nevada, Illinois, Massachusetts, Oregon, and Alaska have all been identified as industry drivers this year. Furthermore, the rise in “big money” from some major investment funds has just started to hit the sector.
There are plenty of reasons why 2015 could be big for pot stock; the major catalyst are expected to be the rescheduling of marijuana out of its current Schedule I classification. In October U.S District Judge Kimberly Mueller heard testimonies during a five day evidentiary hearing aimed at determining if the Schedule I dangerous drug is unconstitutional.
The ruling is expected to come sometime later this year and many expect to see a domino effect for the entire pot sector culminating in treasury issuing rules and regulations for working with marijuana businesses. Once they are able to use banks the entire business is expected to really take off.
VPOR also said that it has completed the acquisition of 100% of VGR Media, Inc., a Florida-based interactive advertising agency with an international footprint. As a result, VGR Media, Inc. immediately becomes a wholly-owned subsidiary of the Company. The EPIC news on VPOR comes as the entire pot sector heats up injecting massive volume into the industry and sending many skywards already. Speculators are hoping VPOR is the next one to fly.
In an 8k VPOR disclosed the terms of the transaction ” the Company will issue to the Shareholders an aggregate one hundred thousand (100,000) shares of its Series B preferred stock which cannot be converted into shares of common stock until after one (1) year from the Effective Date of the Agreement, or December 31, 2015; and (ii) the Company will assume all assets and liabilities of VGR Media, including licenses, equipment, product designs, marketing and sale materials, logos, trademarks, copyrights and websites, and trade and debt obligations.
Vapor Group Inc (OTCMKTS:VPOR) sells high quality, vaporizers and e-cigarette brands which use state-of-the-art electronic technology and specially formulated, “Made in the USA” e-liquids, which may or may not contain nicotine. It offers a range of products with unique e-liquid flavors that is unmatched in our industry. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123 and Vapor Products brands. It sells nationwide through distributors, wholesalers and directly to consumers through its own websites and direct response advertising.
To Find out the inside Scoop on VPOR Subscribe to Microcapdaily.com Right Now by entering your Email in the box below
The shell was incorporated under the laws of Canada on January 15, 1990 as Creemore Star Printing, Inc. but quickly changed their name to Smitten Press: Local Lore and Legends, Inc. The Company planned to offer magazines and books for sale. Given the continued delay in recovery in New Orleans due to Hurricane Katrina and the death of the Company’s founder and president, Mr. Richard Smitten in September 2006, the Company dropped that plan.
VPOR E-cigarettes consist of a long-life battery, a heating element, a cartridge filled with an “e-liquid” and an atomizer which when heated vaporizes the e-liquid. Because E-cigarettes are not “lit” like regular cigarettes, they don’t create flame, smoke from burning, ash, tar, noxious fumes or leftover “cigarette butts”. As a result, they may be used virtually anywhere.
According to the Company their e-liquids are unsurpassed by any competitor in terms of purity, or quality. The e-liquids are formulated and mixed in the U.S. by an FDA registered laboratory by degreed professionals, in accordance with cGMP guidelines (21 CFR part 111).
The ingredients in its e-liquid are quarantined before use, and pass an independent, third party laboratory test for purity. They consist of United States Pharmacopeia (“USP”) grade and kosher. Its lab carefully tests each batch of its e-liquid by high pressure liquid chromatograph to verify that it has the right levels of ingredients. The company’s high quality is a fundamental pillar of its competitive advantage.
We have a Monster Pick Coming. Subscribe Right Now!
VPOR has around $800,000 in the treasury and boasts fast growing revenues; according to the November 14 10Q VPOR did $3,299,300 in revenues for the 9 months ended September 30, 2014 compared to $855,204 for the same period last year.
Currently trading at a tiny $1.6 million market valuation VPOR has a number of positive catalysts in play here; the stock is cheap and has massive news, it also has a history of spectacular moves and operates in the hottest sector on the planet that is just starting to heat up again big time. VPOR is a stock to watch.
Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!
Disclosure: we hold no position in VPOR either long or short and we have not been compensated for this article.