VPOR Meeting Today: What I learned…
As you know today I went and met with Yaniv and Dror from Vapor Group (VPOR) and had some questions for them regarding the recent funds they secured by Hanover Holdings ($1.3M) and what they intended to do with it. I was interested to find out a few things that I didn’t know as well as verification for things that I and many of you expected.
If you saw that piece of garbage report highlighting VPOR on TheStreet.com and read at a 4th grade level than you like me saw so many holes in the story. Hold on let me rephrase, you saw through the misleading Bullsh*t as I did.
To be clear the FDA does not have an investigation into Vapor Group specifically, they are looking at ecig liquids all together. Funny how that dunce reporter didn’t say they were looking into BLUE. She made it seem like they were just looking at VPOR (FYI they’re not). In fact Dror tells me and I quote “If the FDA cracked down on some of these labs that are making liquids/juices for some of these companies like Blue, I would be the loan survivor in the aftermath. We have such a strict lab that meets all specifications as well as takes even further steps to make sure we have the best product just to stay ahead of the new restrictions etc.”
When I asked what the money for Hanover is going to he said “We need much more product to keep up with the growing demand. We also have to outfit American Smoke for everything they will need when they start to implement the free trial of our products.” Currently they have many products on back order which is a good problem to have. This is where Hanover came in. A misconception in general as well as from the street was that the money was going towards the marketing of products. There are no billboards or tv commercials or sky writing saying Vapor Group! All of the $ is going to wards filling orders they already have and keeping more product on reserve.
Look at it like this: Say I’m a carpenter and had zero dollars but needed a hammer. I go to you and say “hey I need $100 so I can buy a Hammer, some nails and some ply wood.” You then ask me “how will I know you CAN pay me back? I say “I have a pre existing carpentry job to do and its paying me $1000 and its already set up and they are contractually obligated to pay me half when I show up to work. etc etc”
You get the point, Hanover isn’t just pissing away money because they can. They like us are in it for a return on investment. If i’m hanover holdings I am looking at orders already pending before I cut a check that size. They are in it to see VPOR succeed, because if VPOR wins they win; Simple as that.
Above I had mentioned that American Smoke was going to do free trials with Vapor Group product. How this will work is that someone will get a vape pen from Vapor Group and get some liquids. Remember these trials are geared towards getting people off cigarettes (which is more effective than the patch or nicotene gum). Currently the they wholesale the liquids for I believe $1.25, but they will get away from wholesaling it this way and sell the liquids via the recurring status at full pop $7+. That to me is a game changer and why American Smoke partnership will reap huge returns.
I asked about the 10q and didn’t get much of a response for obvious reasons, but I did learn that they are actively looking for an Investor Relations person. I asked why they haven’t had one before and the answer was pretty simple…. They didn’t want an IR person have to explain Avworks Aviation (SPLI). Dror wanted to Show VPOR stand alone financials which makes sense because once you have to explain all that convoluted information to an investor you’re dead in the water.
IR coming on will be a huge boost and with financials that are growing quarter over quarter the sky is the limit.
I also asked Dror about Alan B as it was one of the questions. There is no bad blood and Dror is in fact going to do an interview with Him. Alan is away currently or was away when they were supposed to do it. It’s happening.
Reverse Split was a question I had asked as per the forum, he said 30/1 won’t happen. He would look to do a 3/1 or 2/1 depending on future price. He also said it would only be to get the share price above an area where they could uplist. This was all hypothetical based on my question.
Unrelated, but related I asked Yaniv if I could sell his products on this website and he thought it was a great idea. That way when new products come out that are in demand you guys will have 1st shot at them. I might even design a #Wolfpack Vaporizer who knows.
I hope this info was informative, I myself will likely increase my position near term. As always invest wisely and do your DD. I hope this info enlightens you as to the potential future of VPOR. All the best-
Wolf Analyst Group LLC