web analytics
0.4 C
Munich
Saturday, December 3, 2022

What A Move on VAPE HLDGS INC (OTCMKTS:VAPE)

VAPE HLDGS INC (OTCMKTS:VAPE) is one exciting story in small caps that ha quickly attracted a massive shareholder base how has been bidding this one year. Coming off its $0.0019 lows VAPE has transformed in recent days into a volume leader and top traded stock on the bb’s.

There are plenty of reasons to get excited about VAPE here which wallowed away in triple zero subs for months as massive debt conversions ruled. That all seems to be behind us now, with a new CEO in place and AS capped at 213 million VAPE is making all the right moves here.

VAPE HLDGS INC (OTCMKTS:VAPE) focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under the HIVE Ceramics brand throughout North America, Europe and South America. HIVE offers a nonporous, non-corrosive, chemically inert ceramic vaporization element, which can be used for a range of applications, including stand-alone vaporization products and electronic cigarettes. The company is based in Chatsworth, California.

Last year VAPE added another line of products under the HIVE brand, HIVE GLASS, which is set to release on or before December 1, 2014. The HIVE GLASS line is precision made using state of the art manufacturing processes and techniques, and exclusively uses German Schott glass and fittings through all production phases.

In December new CEO Justin Braune issued a letter to shareholders and according to him there are many exciting business initiatives that are coming in the near future that we are confident will reflect positively on our financials. I’m pleased to report this confidence is matched by one of our financing partners, who recently made a direct equity investment into the Company. This investment, combined with former CEO Kyle Tracey’s contribution of additional capital, is allowing us to complete the launch of numerous new products under the HIVE brand as well as the creation and launch of a new brand under VAPE with a portable vaporizer for disposable herbal concentrate cartridges.

This new vaporizer contains cutting edge technology that we feel will change the course of development in the disposable cartridge market. It is revolutionary in size, and designed to appeal to a gap in the marketplace. More details will be forthcoming soon.

To Find out the inside Scoop on VAPE Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

VAPE came to be on January 7 of last year after PeopleString Corp announced a 1:40 reverse stock split, name change and symbol change to VAPE Holdings Inc. The former Company developed technology, applications and tools for social-network marketers, then changed its business to a holding company operating in the legal cannabis sector.

He continued that It is my goal to help the company create innovative and leading brands in the cannabis and vaporization consumer markets. By focusing our resources on creating well-known and well-respected brands that embody quality and cutting-edge technology across a wide array of herbal and nicotine based consumer products, we can continue the company’s upward trajectory.

Finally, as I am sure you are all aware, I arrive at VAPE at a time when there has been a massive influx of note conversions from past financings. As the 8-K filings over the past 90-120 days have indicated, in excess of $1 million of convertible debt has come off of our books by virtue of our noteholders converting their debt into equity and selling into the market.

On January 6 VAPE announced its first distribution agreement and sizeable initial order for its new portable vaporizer to be launched under its newly created, wholly owned subsidiary Revival Products. The distribution agreement is with Vapor Hut, a respected leader in Vapor accessories, e-cigarettes and herbal products in Illinois. Vapor Hut serves thousands of customers from its multiple locations in addition to its wide breadth and reach throughout the state via its support of countless other vapor shops and dispensaries.

We have a Monster Pick Coming. Subscribe Right Now!

Currently trading at a $1.3 million market valuation VAPE has minimal assets and very manageable debt of just $1.3 million on the books here. The Company is already doing decent revenues reporting $246,828 in sales for the 3 months ended December 31, 2015. VAPE is one exciting stock here and there are many very good reasons why the price and volume have skyrocketed; VAPE trades at just a fraction of its potential considering the vast new market it operates in and recent product launches. With a new CEO, new vaporizer and distribution agreement and low AS of 213 million VAPE deserves to be at the top of speculators watch lists here. We will be updating on VAPE when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with VAPE.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: we hold no position in VAPE either long or short and we have not been compensated for this article.

More articles

1 COMMENT

  1. Well, despite Leonardo DiCaprio and his new Vape pen, today the stock went South. We picked some more shares near the close. Thanks for your article! I added it at Fred & EntendanceInvestors Beach.
    Greetings from Entendance!

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.