Vape Holdings, Inc. $VAPE News
Last updated 01/17/2017 - 0.01773
Vape Holdings, Inc. announces the successful launch of first product in Onyx Line
Oct 25, 2016
OTC Disclosure & News Service
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Vape Holdings, Inc. announces the successful launch of first product in Onyx Line
AGOURA HILLS, CA--(Marketwired - Oct 25, 2016) - Vape Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces the market launch of first product in the ONYX line.
ONYX is the culmination of HIVE Ceramics commitment to using advanced ceramic material to create an ideal, low temperature vaporizing experience. ONYX provides increased thermal shock resistance, fracture toughness, and a longer-expected lifespan. The product is currently in limited distribution and is also available for purchase on www.hiveceramics.com.
Benjamin Beaulieu, VAPE's CEO, has shown a commitment to quality materials that have become the Company's calling card:
"We are staying ahead of the curve, and setting ourselves apart by releasing innovative products that will improve functionality and experience for everyone's vaporizing needs. Blending cutting-edge with a focus on uncompromising quality, we also keep an eye on the day's style and customer wants."
The public's response to the first "ONYX" product has been overwhelmingly positive. The new 14mm domeless element showcases a premium medical-grade Silicon Nitride blend that weaves toughness and elegance into the vaporizing experience.
"Focusing on a non-porous design has helped to keep our products at the forefront of the industry. Since our ceramic doesn't let residue seep in or alter future experiences, the vapor will be as pure as possible." Ben previews into the expanding markets and designs for Onyx.
HIVE will be adding different products using this new "Advanced Ceramic" material, with eyes set on distribution starting in early 2017.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Provides Shareholder Update and Announces New Product Line
Jul 25, 2016
OTC Disclosure & News Service
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VAPE Holdings Provides Shareholder Update and Announces New Product Line
AGOURA HILLS, CA--(Marketwired - Jul 25, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE)
Dear Shareholders,
I want to thank all of you for supporting VAPE Holdings through the toughest time in our company's history. I apologize for the delay in introducing myself and communicating my plan for the company. With the situation that VAPE Holdings was in, I felt that it was my responsibility to take the time to outline and convey a plan that I believe will be essential to our recovery. My predecessors had good intentions for the directions they went in, but ultimately fell short. Over the next six months I hope to reinvigorate VAPE Holdings and guide it down the road to success by focusing on the following key factors:
Fiscal Conservatism:
We have worked diligently to scale back operations and will continue to reduce any unnecessary expenses in the future. Our goal is to be at an operational breakeven and then move into profitability. We hope to avoid any type of toxic financing and use profits to grow our company responsibly.
Stick to the Business Model:
We are refocusing on our core business, which is developing innovative products and distributing them to a premier customer base of retailers. In the near future we plan to release our new "advanced ceramic" product line, ONYX, that will help refine the industry and further strengthen the reputation of HIVE and VAPE Holdings. A limited number of our newly designed ONYX product will be for sale on the HIVE Ceramics website in the near future. In addition to strengthening our foundation we plan to selectively distribute high quality products from other brands as the opportunities present themselves, allowing our customers to do more of their purchasing from us.
Stabilize Capital Structure:
Many of VAPE Holdings' recent challenges have been caused by investments that haven't returned profits in excess of the cost of capital. We have been working around the clock to stabilize the capital structure and are focused on finishing the debt consolidation. We also plan to work with investors to manage the conversion of outstanding notes so the impact of new shares on the market is manageable.
Clarity for investors:
I am committed to sharing information about our progress on these matters and working with you to revitalize VAPE Holdings. We have received advice and offers from our shareholders within the industry to assist where they can. We appreciate this tremendously and hope to work with all parties to positively impact the company. We would like any of our shareholders to contact our Investor Relations team to receive updates or discuss any potential joint efforts. In addition to reaching out directly we will be updating you through our press releases, public filings and website regularly.
Thank you again for your continued support. I look forward to working together to create a long and bright future for VAPE Holdings.
Best Regards,
Benjamin Beaulieu
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
VAPE Holdings, Inc.
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Benjamin Beaulieu Replaces Justin Braune as CEO of VAPE Holdings, Inc.
Jun 21, 2016
OTC Disclosure & News Service
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Benjamin Beaulieu Replaces Justin Braune as CEO of VAPE Holdings, Inc.
AGOURA HILLS, CA--(Marketwired - Jun 21, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces the resignation of CEO Justin Braune, who has resigned for personal reasons and wishes the team great success. Benjamin Beaulieu has been promoted internally to assume the CEO position from his current COO position.
VAPE Holdings is also announcing that they are 90% complete with a their debt refinancing program.
Mr. Beaulieu states, "VAPE Holdings is well positioned to grow in this dynamic market. We intend to provide regular communication regarding business development as well as our continued financial reorganization. I am looking forward to utilizing my years of experience at VAPE Holdings to develop and execute strategies from the control position. We are optimistic about future product lines and attacking new markets as regulatory changes increase our opportunities."
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its websitehttp://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Achieves Tremendous Success on Revival Vaporizers and New Manufacturing Capabilities Under HIVE Ceramics
Apr 21, 2016
OTC Disclosure & News Service
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VAPE Holdings Achieves Tremendous Success on Revival Vaporizers and New Manufacturing Capabilities Under HIVE Ceramics
AGOURA HILLS, CA--(Marketwired - Apr 21, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces success of Revival branded vaporizer's launch and new manufacturing partners for HIVE Ceramics with improved capabilities and significant cost reductions.
VAPE Holdings' Revival branded vaporizer announces first orders placed by GotVape, one of the largest distributors of vaporizers and vaporization products in the country. GotVape has achieved much success, as evidenced on their social media outlets, with their sales of Revival vaporizers. Vapor Corp (VPCO) has received their initial orders of Revival as well. Revival is also in final stages of negotiation with most other major international distributors. With thousands of units sold within three months after launch, Revival is showing signs of becoming a prominent brand in the industry. VAPE Holdings is developing a REVIVAL branded clothing line focusing on simple, yet elegant designs that incorporate the refined lifestyle embraced by the brand. This line is expected to launch within 45 days on the Revival web site (www.revivalvape.com). All designs have already been finalized and manufacturing is being sourced. Revival is currently selling in 17 states and is growing rapidly.
"Having so much success this soon after the brand's launch has inspired me to develop a follow-on model that will vaporize more commonly found forms of concentrates, including cannabis waxes and shatter. With our new financing partner, GHS, VAPE will have the funds available to start manufacturing this new unit as soon as it is ready," states Justin Braune, CEO of VAPE Holdings.
Hive Ceramics has received initial samples from a new manufacturing partner and is in testing phase now. This new manufacturer has significantly broader capabilities including drastically reduced development time, better quality control, the ability to produce colored ceramics as well as manufacturing HIVE's new proprietary blend of next-generation vaping ceramics that promise increased durability and longevity.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvape.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Agrees to Terms on $5 Million Equity Facility
Apr 19, 2016
OTC Disclosure & News Service
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VAPE Holdings Agrees to Terms on $5 Million Equity Facility
Financial Partner to Take Equity at Market Prices at Company's Discretion
AGOURA HILLS, CA--(Marketwired - Apr 19, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today it has entered into binding agreements for long-term equity capital at market prices that will support the future growth of the Company.
On April 19, 2016, the Company agreed to terms for an equity line that contemplates its single financing partner providing up to $5 Million over the next three years. The Company has the ability to sell the equity at its discretion at prevailing market prices with no discount.
"This opportunity to secure long-term equity capital with a single institutional partner at the market price at the Company's discretion by selling only enough shares to meet our needs over an extended period of time is a huge plus for VAPE. We hope that this long-term financing with no discount to market and no additional debt will further reduce the pressure on our market that we have experienced in the past. With approximately 80% of the historical convertible debt restructured and consolidated into our new funding partner, I believe that we can continue to execute on a responsible growth trajectory," stated Justin Braune, CEO of VAPE. "When I took on the position as CEO last year I didn't think that we would be able to have a definitive plan in place to stabilize our equity picture this quickly. To me, this shows extreme confidence by our financing party in our management and the current direction of our company. This financial vehicle will help us support the release of our CBD line as well as other possible business lines and strategic acquisitions down the road," Mr. Braune continued.
In addition, the board of directors of VAPE has decided to expand from 3 members to 5 members by bringing on additional independent members over the next 45 days. Management is striving to increase its corporate governance standards and the first step of that plan is to bring some independent members to the board. "VAPE Holdings is still a young company and we believe that strategically adding outside executives with significant business and market experience will help us better navigate the rapid growth we are projecting," stated Mr. Braune.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its websitehttp://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Closes Third Round of Debt Restructure and Consolidation
Mar 29, 2016
OTC Disclosure & News Service
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VAPE Holdings Closes Third Round of Debt Restructure and Consolidation
The Company Announced Today It Has Entered Into Agreements for a Third Tranche of a Debt Restructuring Plan
AGOURA HILLS, CA--(Marketwired - Mar 29, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today it has entered into agreements for a third tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt.
Last week, the Company agreed to a debt buy-out and restructure of an additional $338,500 in convertible debt of two noteholders. To date, the Company has successfully restructured approximately $779,000 in previously issued convertible debt consolidated into a single financing partner.
"With approximately 80% of the previously acquired convertible notes restructured and consolidated into our new funding partner, I feel confident that we will be able to accomplish a complete debt restructuring. With only one player in the market, combined with our upward trajectory on both HIVE and Revival, we are looking forward to putting this debt issue behind us. I said in my 2015 Letter to Shareholders that I wanted to tackle our convertible debt issue. We are almost there and I will not stop until this objective is complete," stated Justin Braune, CEO of VAPE.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces Closing of Second Round of Debt Restructure and Consolidation
Mar 15, 2016
OTC Disclosure & News Service
-
VAPE Holdings Announces Closing of Second Round of Debt Restructure and Consolidation
The Company Closed and Funded the Debt Buy-Out and Restructure of an Additional $119,806 in Convertible Debt of JSJ Investments
AGOURA HILLS, CA--(Marketwired - Mar 15, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today the closing of the second tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt.
On March 14, 2016, the Company closed and funded the debt buy-out and restructure of an additional $119,806 in convertible debt of JSJ Investments, Inc. for an aggregate total of approximately $440,000 in debt restructured to date. This represents the second tranche of a proposed complete restructuring and consolidation of the Company's convertible debt into one long term financing partner.
"This latest round of restructuring and refinancing puts VAPE in a much more stable financial position. This represents approximately half of the debt incurred prior to my joining the Company. This is very exciting as it allows us to focus even more attention to growing our core businesses: Revival, Hive Ceramics, and the launching of our branded CBD line that is in the final stages of development," stated Justin Braune, CEO of VAPE.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Revival Secures Sales Agreement With Touch Of Modern
Mar 10, 2016
OTC Disclosure & News Service
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Revival Secures Sales Agreement With Touch Of Modern
Sales to Touch Of Modern's 9 Million Users to Begin on April 3rd
AGOURA HILLS, CA--(Marketwired - Mar 10, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today that its Revival Products (www.revivalvape.com) lifestyle and vaporizer brand has signed a sales agreement with major online and application based retailer Touch Of Modern (www.touchofmodern.com).
Vape Holdings today announced that the Company has partnered with the major online retailer and members-only e-commerce website and app, focused on selling lifestyle products, fashion, and accessories.
Sales of Revival Products will launch on Touch Of Modern beginning April 3rd, 2016. This opportunity sets up Revival for substantial sales and revenue with access to Touch Of Modern's community of 9 million + affluent, professional users in the United States and Canada which is growing by 15,000 new members daily. With positive performance, Revival is positioned to be a permanent fixture in their online market.
"This is such an amazing opportunity for Revival and VAPE this early in Revival's launch. Revival is the first device made for the everyday man and woman who enjoys life on their terms, and Touch Of Modern's recognition of our innovative brand is important as we achieve growing market penetration," said Justin Braune, CEO of Vape Holdings, Revival's parent company. "Our goal is to provide a product for the tens of millions of Americans who use vaporization products, and to do it with a brand that resonates with their lifestyles. We are excited to be partnering with Touch Of Modern in that goal, and being able to do so this early is an extremely positive sign for the Revival brand and product."
About Touch Of Modern:
Touch Of Modern (www.touchofmodern.com) is about extraordinary design, the things you don't find every day. By connecting directly with the designers, we bring you products that are timeless and truly unique, and we do it at unbeatable members-only pricing. Each piece is hand-selected and is something we believe to be an example of great design worthy of your attention.
About Revival:
Revival (www.revivalvape.com), a subsidiary of Vape Holdings, is the first vaporizer brand made for the tens of millions of everyday Americans who live their lives with confidence, style, and class. As much as Revival is stylish and bold, it is also about the highest quality. Even though the device is smaller than 2.5 inches, it comes with a powerful 650 mAh battery pushing 20W and is made from aircraft-grade anodized aluminum. The vaporizer works with every standard cartridge using an industry-first magnetic adapter ring.
About VAPE Holdings, Inc.:
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Marcus Laun
(888) 518-3274
info@growthcircle.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces Closing of Agreement to Restructure and Consolidate Outstanding Debt
Mar 07, 2016
OTC Disclosure & News Service
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VAPE Holdings Announces Closing of Agreement to Restructure and Consolidate Outstanding Debt
AGOURA HILLS, CA--(Marketwired - Mar 7, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" , a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today the closing of the first tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt.
On March 1, 2016, the Company closed agreements to buy-out and restructure two convertible debtholders (Typenex Co-Investment and Redwood) holding an aggregate of $330,000 in convertible debt. This represents the first tranche of a proposed complete restructuring and consolidation of the Company's convertible debt into one financing partner that will act reasonably with respect to conversions into the market. The Company had previously entered into a term sheet with the financing partner to buy-out and restructure up to $1,000,000 in convertible debt.
The Company is planning to repay all outstanding convertible debt held by its sole financing partner. The Company is also in discussions with its financing partner regarding long-term equity financing that is not a convertible debt structure. VAPE is not taking on any new debt or capital in connection with this restructuring plan.
"One of my initial goals when coming on as CEO of VAPE was to address its convertible debt situation. This is the first step of a strategic, long-term financing plan to restructure and consolidate VAPE's debt and to manage VAPE's capital needs moving forward. Our hope is that this consolidation and restructuring of the debt into a single noteholder will limit the number of competing parties selling into the market affecting VAPE's stock price," stated Justin Braune, CEO of VAPE. "We are in discussions with our remaining noteholders and our financing partner to ultimately restructure 100% of the outstanding debt."
"With the successful launch of multiple new products under Hive Ceramics and the amazing reception of newly launched vaporizer and lifestyle brand Revival, VAPE is focusing on the future while addressing its past debt issues. We are changing our methods of financing and operating the Company with a goal of increasing clarity and reporting of our operations. Over the course of 2016 we will focus on having all subsidiaries generate positive cash flow, reducing our need to raise operating capital," said Mr. Braune.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Bradford Long
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces First Sales of New Vaporizer, New Distribution Agreement
Jan 06, 2016
OTC Disclosure & News Service
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VAPE Holdings Announces First Sales of New Vaporizer, New Distribution Agreement
New Subsidiary "Revival Products" to Feature Diverse Line of Proprietary Vaping Products; Key Relationship With Vapor Hut Solidified; New Hires to Ramp Up Sales Efforts
CHATSWORTH, CA--(Marketwired - Jan 6, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE" a holding company focused on providing healthy, efficient, and sustainable vaporization products, today 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.
CEO Justin Braune stated, "We are extremely excited to announce our progress on three very important fronts. First and foremost, Revival Products will give VAPE Holdings the opportunity to introduce our new vaporizer as well as what we have been working extremely hard to create -- our own proprietary blend of all organic, US sourced, CBD infused vaping liquid. The new line of CBD vaping liquid will be launched under the Revival Vape brand and will be initially sold in prefilled cartridges that are designed to work with our new vaporizer including a magnetic connection on the bottom of the disposable cartridge. This magnetic connection significantly increases the ease of switching cartridges between our multiple flavors and concentrations of CBD infused vape liquid as well as other herbal remedies, quickly and with great ease. The full line of CBD infused pre-filled cartridges will soon be live on Revival Products new website next week at www.RevivalVape.com.
Second, our distribution agreement with Vapor Hut is a significant milestone for our young Company. I've known Vapor Hut's CEO Frank Angiulo for many years through the e-cigarette scene. I am very excited to have such a fantastic partner to work with on distributing both HIVE Ceramics and Revival Products new vaporizer and CBD line of vaping products. Frank is extremely well known in the industry, and with his know-how in the rapidly growing dispensary scene in Illinois, VAPE Holdings has a very broad and long runway ahead of it to launch its products. With almost 5,000 registered patients in Illinois, the timing and opportunity could not be better.
Last but not least, in continuation with our commitment to growing our sales force, we are pleased to announce the addition of two dedicated reps for HIVE Ceramics and Revival Products. These industry veterans bring a wealth of experience to our Company by way of their strong backgrounds and industry connections. We are already in negotiations for shared booths and partnerships with numerous vendors at the upcoming High Times Cannabis Cup in San Bernardino, CA. With this increased presence at numerous vendors throughout the two-weekend event, we intend on generating significant sales and brand recognition at this event to kick off 2016 on the right foot. We will also have a preferred vendor booth at the upcoming AGE -- American Glass Expo in Las Vegas where our newly launched products shall be on full display."
Frank Angiulo, CEO of Vapor Hut states that "Vapor Hut has always delivered premium vapor products to the masses with service and product offerings that have continuously benefited end users. Moving forward with Justin & Vape Holdings will further that mission of delivering the very best of what this industry has to offer. Our mission has always been clear and we feel confident moving forward with Vape Holdings that they too share the same desire in moving users into the new digital age of Vapor."
About Vape Holdings, Inc.
VAPE Holdings, Inc. 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.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information
Investor Relations:
Hayden IR
917-658-7878
hart@haydenir.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 01/17/2017 - 0.01773
Vape Holdings, Inc. announces the successful launch of first product in Onyx Line
Oct 25, 2016
OTC Disclosure & News Service
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Vape Holdings, Inc. announces the successful launch of first product in Onyx Line
AGOURA HILLS, CA--(Marketwired - Oct 25, 2016) - Vape Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces the market launch of first product in the ONYX line. ONYX is the culmination of HIVE Ceramics commitment to using advanced ceramic material to create an ideal, low temperature vaporizing experience. ONYX provides increased thermal shock resistance, fracture toughness, and a longer-expected lifespan. The product is currently in limited distribution and is also available for purchase on www.hiveceramics.com.
Benjamin Beaulieu, VAPE's CEO, has shown a commitment to quality materials that have become the Company's calling card:
"We are staying ahead of the curve, and setting ourselves apart by releasing innovative products that will improve functionality and experience for everyone's vaporizing needs. Blending cutting-edge with a focus on uncompromising quality, we also keep an eye on the day's style and customer wants."
The public's response to the first "ONYX" product has been overwhelmingly positive. The new 14mm domeless element showcases a premium medical-grade Silicon Nitride blend that weaves toughness and elegance into the vaporizing experience.
"Focusing on a non-porous design has helped to keep our products at the forefront of the industry. Since our ceramic doesn't let residue seep in or alter future experiences, the vapor will be as pure as possible." Ben previews into the expanding markets and designs for Onyx.
HIVE will be adding different products using this new "Advanced Ceramic" material, with eyes set on distribution starting in early 2017.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Provides Shareholder Update and Announces New Product Line
Jul 25, 2016
OTC Disclosure & News Service
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VAPE Holdings Provides Shareholder Update and Announces New Product Line
AGOURA HILLS, CA--(Marketwired - Jul 25, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE)
Dear Shareholders,
I want to thank all of you for supporting VAPE Holdings through the toughest time in our company's history. I apologize for the delay in introducing myself and communicating my plan for the company. With the situation that VAPE Holdings was in, I felt that it was my responsibility to take the time to outline and convey a plan that I believe will be essential to our recovery. My predecessors had good intentions for the directions they went in, but ultimately fell short. Over the next six months I hope to reinvigorate VAPE Holdings and guide it down the road to success by focusing on the following key factors:
Fiscal Conservatism:
We have worked diligently to scale back operations and will continue to reduce any unnecessary expenses in the future. Our goal is to be at an operational breakeven and then move into profitability. We hope to avoid any type of toxic financing and use profits to grow our company responsibly.
Stick to the Business Model:
We are refocusing on our core business, which is developing innovative products and distributing them to a premier customer base of retailers. In the near future we plan to release our new "advanced ceramic" product line, ONYX, that will help refine the industry and further strengthen the reputation of HIVE and VAPE Holdings. A limited number of our newly designed ONYX product will be for sale on the HIVE Ceramics website in the near future. In addition to strengthening our foundation we plan to selectively distribute high quality products from other brands as the opportunities present themselves, allowing our customers to do more of their purchasing from us.
Stabilize Capital Structure:
Many of VAPE Holdings' recent challenges have been caused by investments that haven't returned profits in excess of the cost of capital. We have been working around the clock to stabilize the capital structure and are focused on finishing the debt consolidation. We also plan to work with investors to manage the conversion of outstanding notes so the impact of new shares on the market is manageable.
Clarity for investors:
I am committed to sharing information about our progress on these matters and working with you to revitalize VAPE Holdings. We have received advice and offers from our shareholders within the industry to assist where they can. We appreciate this tremendously and hope to work with all parties to positively impact the company. We would like any of our shareholders to contact our Investor Relations team to receive updates or discuss any potential joint efforts. In addition to reaching out directly we will be updating you through our press releases, public filings and website regularly.
Thank you again for your continued support. I look forward to working together to create a long and bright future for VAPE Holdings.
Best Regards,
Benjamin Beaulieu
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
VAPE Holdings, Inc.
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Benjamin Beaulieu Replaces Justin Braune as CEO of VAPE Holdings, Inc.
Jun 21, 2016
OTC Disclosure & News Service
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Benjamin Beaulieu Replaces Justin Braune as CEO of VAPE Holdings, Inc.
AGOURA HILLS, CA--(Marketwired - Jun 21, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces the resignation of CEO Justin Braune, who has resigned for personal reasons and wishes the team great success. Benjamin Beaulieu has been promoted internally to assume the CEO position from his current COO position. VAPE Holdings is also announcing that they are 90% complete with a their debt refinancing program.
Mr. Beaulieu states, "VAPE Holdings is well positioned to grow in this dynamic market. We intend to provide regular communication regarding business development as well as our continued financial reorganization. I am looking forward to utilizing my years of experience at VAPE Holdings to develop and execute strategies from the control position. We are optimistic about future product lines and attacking new markets as regulatory changes increase our opportunities."
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its websitehttp://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Achieves Tremendous Success on Revival Vaporizers and New Manufacturing Capabilities Under HIVE Ceramics
Apr 21, 2016
OTC Disclosure & News Service
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VAPE Holdings Achieves Tremendous Success on Revival Vaporizers and New Manufacturing Capabilities Under HIVE Ceramics
AGOURA HILLS, CA--(Marketwired - Apr 21, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announces success of Revival branded vaporizer's launch and new manufacturing partners for HIVE Ceramics with improved capabilities and significant cost reductions. VAPE Holdings' Revival branded vaporizer announces first orders placed by GotVape, one of the largest distributors of vaporizers and vaporization products in the country. GotVape has achieved much success, as evidenced on their social media outlets, with their sales of Revival vaporizers. Vapor Corp (VPCO) has received their initial orders of Revival as well. Revival is also in final stages of negotiation with most other major international distributors. With thousands of units sold within three months after launch, Revival is showing signs of becoming a prominent brand in the industry. VAPE Holdings is developing a REVIVAL branded clothing line focusing on simple, yet elegant designs that incorporate the refined lifestyle embraced by the brand. This line is expected to launch within 45 days on the Revival web site (www.revivalvape.com). All designs have already been finalized and manufacturing is being sourced. Revival is currently selling in 17 states and is growing rapidly.
"Having so much success this soon after the brand's launch has inspired me to develop a follow-on model that will vaporize more commonly found forms of concentrates, including cannabis waxes and shatter. With our new financing partner, GHS, VAPE will have the funds available to start manufacturing this new unit as soon as it is ready," states Justin Braune, CEO of VAPE Holdings.
Hive Ceramics has received initial samples from a new manufacturing partner and is in testing phase now. This new manufacturer has significantly broader capabilities including drastically reduced development time, better quality control, the ability to produce colored ceramics as well as manufacturing HIVE's new proprietary blend of next-generation vaping ceramics that promise increased durability and longevity.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvape.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Agrees to Terms on $5 Million Equity Facility
Apr 19, 2016
OTC Disclosure & News Service
-
VAPE Holdings Agrees to Terms on $5 Million Equity Facility
Financial Partner to Take Equity at Market Prices at Company's Discretion
AGOURA HILLS, CA--(Marketwired - Apr 19, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today it has entered into binding agreements for long-term equity capital at market prices that will support the future growth of the Company. On April 19, 2016, the Company agreed to terms for an equity line that contemplates its single financing partner providing up to $5 Million over the next three years. The Company has the ability to sell the equity at its discretion at prevailing market prices with no discount.
"This opportunity to secure long-term equity capital with a single institutional partner at the market price at the Company's discretion by selling only enough shares to meet our needs over an extended period of time is a huge plus for VAPE. We hope that this long-term financing with no discount to market and no additional debt will further reduce the pressure on our market that we have experienced in the past. With approximately 80% of the historical convertible debt restructured and consolidated into our new funding partner, I believe that we can continue to execute on a responsible growth trajectory," stated Justin Braune, CEO of VAPE. "When I took on the position as CEO last year I didn't think that we would be able to have a definitive plan in place to stabilize our equity picture this quickly. To me, this shows extreme confidence by our financing party in our management and the current direction of our company. This financial vehicle will help us support the release of our CBD line as well as other possible business lines and strategic acquisitions down the road," Mr. Braune continued.
In addition, the board of directors of VAPE has decided to expand from 3 members to 5 members by bringing on additional independent members over the next 45 days. Management is striving to increase its corporate governance standards and the first step of that plan is to bring some independent members to the board. "VAPE Holdings is still a young company and we believe that strategically adding outside executives with significant business and market experience will help us better navigate the rapid growth we are projecting," stated Mr. Braune.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its websitehttp://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Closes Third Round of Debt Restructure and Consolidation
Mar 29, 2016
OTC Disclosure & News Service
-
VAPE Holdings Closes Third Round of Debt Restructure and Consolidation
The Company Announced Today It Has Entered Into Agreements for a Third Tranche of a Debt Restructuring Plan
AGOURA HILLS, CA--(Marketwired - Mar 29, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today it has entered into agreements for a third tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt. Last week, the Company agreed to a debt buy-out and restructure of an additional $338,500 in convertible debt of two noteholders. To date, the Company has successfully restructured approximately $779,000 in previously issued convertible debt consolidated into a single financing partner.
"With approximately 80% of the previously acquired convertible notes restructured and consolidated into our new funding partner, I feel confident that we will be able to accomplish a complete debt restructuring. With only one player in the market, combined with our upward trajectory on both HIVE and Revival, we are looking forward to putting this debt issue behind us. I said in my 2015 Letter to Shareholders that I wanted to tackle our convertible debt issue. We are almost there and I will not stop until this objective is complete," stated Justin Braune, CEO of VAPE.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces Closing of Second Round of Debt Restructure and Consolidation
Mar 15, 2016
OTC Disclosure & News Service
-
VAPE Holdings Announces Closing of Second Round of Debt Restructure and Consolidation
The Company Closed and Funded the Debt Buy-Out and Restructure of an Additional $119,806 in Convertible Debt of JSJ Investments
AGOURA HILLS, CA--(Marketwired - Mar 15, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today the closing of the second tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt. On March 14, 2016, the Company closed and funded the debt buy-out and restructure of an additional $119,806 in convertible debt of JSJ Investments, Inc. for an aggregate total of approximately $440,000 in debt restructured to date. This represents the second tranche of a proposed complete restructuring and consolidation of the Company's convertible debt into one long term financing partner.
"This latest round of restructuring and refinancing puts VAPE in a much more stable financial position. This represents approximately half of the debt incurred prior to my joining the Company. This is very exciting as it allows us to focus even more attention to growing our core businesses: Revival, Hive Ceramics, and the launching of our branded CBD line that is in the final stages of development," stated Justin Braune, CEO of VAPE.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Marcus Laun
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Revival Secures Sales Agreement With Touch Of Modern
Mar 10, 2016
OTC Disclosure & News Service
-
Revival Secures Sales Agreement With Touch Of Modern
Sales to Touch Of Modern's 9 Million Users to Begin on April 3rd
AGOURA HILLS, CA--(Marketwired - Mar 10, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today that its Revival Products (www.revivalvape.com) lifestyle and vaporizer brand has signed a sales agreement with major online and application based retailer Touch Of Modern (www.touchofmodern.com). Vape Holdings today announced that the Company has partnered with the major online retailer and members-only e-commerce website and app, focused on selling lifestyle products, fashion, and accessories.
Sales of Revival Products will launch on Touch Of Modern beginning April 3rd, 2016. This opportunity sets up Revival for substantial sales and revenue with access to Touch Of Modern's community of 9 million + affluent, professional users in the United States and Canada which is growing by 15,000 new members daily. With positive performance, Revival is positioned to be a permanent fixture in their online market.
"This is such an amazing opportunity for Revival and VAPE this early in Revival's launch. Revival is the first device made for the everyday man and woman who enjoys life on their terms, and Touch Of Modern's recognition of our innovative brand is important as we achieve growing market penetration," said Justin Braune, CEO of Vape Holdings, Revival's parent company. "Our goal is to provide a product for the tens of millions of Americans who use vaporization products, and to do it with a brand that resonates with their lifestyles. We are excited to be partnering with Touch Of Modern in that goal, and being able to do so this early is an extremely positive sign for the Revival brand and product."
About Touch Of Modern:
Touch Of Modern (www.touchofmodern.com) is about extraordinary design, the things you don't find every day. By connecting directly with the designers, we bring you products that are timeless and truly unique, and we do it at unbeatable members-only pricing. Each piece is hand-selected and is something we believe to be an example of great design worthy of your attention.
About Revival:
Revival (www.revivalvape.com), a subsidiary of Vape Holdings, is the first vaporizer brand made for the tens of millions of everyday Americans who live their lives with confidence, style, and class. As much as Revival is stylish and bold, it is also about the highest quality. Even though the device is smaller than 2.5 inches, it comes with a powerful 650 mAh battery pushing 20W and is made from aircraft-grade anodized aluminum. The vaporizer works with every standard cartridge using an industry-first magnetic adapter ring.
About VAPE Holdings, Inc.:
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Marcus Laun
(888) 518-3274
info@growthcircle.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces Closing of Agreement to Restructure and Consolidate Outstanding Debt
Mar 07, 2016
OTC Disclosure & News Service
-
VAPE Holdings Announces Closing of Agreement to Restructure and Consolidate Outstanding Debt
AGOURA HILLS, CA--(Marketwired - Mar 7, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
, a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today the closing of the first tranche of a debt restructuring and consolidation plan targeting the Company's approximately $1,000,000 in convertible debt. On March 1, 2016, the Company closed agreements to buy-out and restructure two convertible debtholders (Typenex Co-Investment and Redwood) holding an aggregate of $330,000 in convertible debt. This represents the first tranche of a proposed complete restructuring and consolidation of the Company's convertible debt into one financing partner that will act reasonably with respect to conversions into the market. The Company had previously entered into a term sheet with the financing partner to buy-out and restructure up to $1,000,000 in convertible debt.
The Company is planning to repay all outstanding convertible debt held by its sole financing partner. The Company is also in discussions with its financing partner regarding long-term equity financing that is not a convertible debt structure. VAPE is not taking on any new debt or capital in connection with this restructuring plan.
"One of my initial goals when coming on as CEO of VAPE was to address its convertible debt situation. This is the first step of a strategic, long-term financing plan to restructure and consolidate VAPE's debt and to manage VAPE's capital needs moving forward. Our hope is that this consolidation and restructuring of the debt into a single noteholder will limit the number of competing parties selling into the market affecting VAPE's stock price," stated Justin Braune, CEO of VAPE. "We are in discussions with our remaining noteholders and our financing partner to ultimately restructure 100% of the outstanding debt."
"With the successful launch of multiple new products under Hive Ceramics and the amazing reception of newly launched vaporizer and lifestyle brand Revival, VAPE is focusing on the future while addressing its past debt issues. We are changing our methods of financing and operating the Company with a goal of increasing clarity and reporting of our operations. Over the course of 2016 we will focus on having all subsidiaries generate positive cash flow, reducing our need to raise operating capital," said Mr. Braune.
About VAPE Holdings, Inc.
VAPE Holdings, Inc. 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 Agoura Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
For more information on Revival and to visit our e-commerce site, please visit: http://www.revivalvapes.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Investor Relations:
Bradford Long
info@growthcircle.com
(888) 518-3274
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
VAPE Holdings Announces First Sales of New Vaporizer, New Distribution Agreement
Jan 06, 2016
OTC Disclosure & News Service
-
VAPE Holdings Announces First Sales of New Vaporizer, New Distribution Agreement
New Subsidiary "Revival Products" to Feature Diverse Line of Proprietary Vaping Products; Key Relationship With Vapor Hut Solidified; New Hires to Ramp Up Sales Efforts
CHATSWORTH, CA--(Marketwired - Jan 6, 2016) - VAPE Holdings, Inc. (OTCQB: VAPE) (the "Company" or "VAPE"
a holding company focused on providing healthy, efficient, and sustainable vaporization products, today 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. CEO Justin Braune stated, "We are extremely excited to announce our progress on three very important fronts. First and foremost, Revival Products will give VAPE Holdings the opportunity to introduce our new vaporizer as well as what we have been working extremely hard to create -- our own proprietary blend of all organic, US sourced, CBD infused vaping liquid. The new line of CBD vaping liquid will be launched under the Revival Vape brand and will be initially sold in prefilled cartridges that are designed to work with our new vaporizer including a magnetic connection on the bottom of the disposable cartridge. This magnetic connection significantly increases the ease of switching cartridges between our multiple flavors and concentrations of CBD infused vape liquid as well as other herbal remedies, quickly and with great ease. The full line of CBD infused pre-filled cartridges will soon be live on Revival Products new website next week at www.RevivalVape.com.
Second, our distribution agreement with Vapor Hut is a significant milestone for our young Company. I've known Vapor Hut's CEO Frank Angiulo for many years through the e-cigarette scene. I am very excited to have such a fantastic partner to work with on distributing both HIVE Ceramics and Revival Products new vaporizer and CBD line of vaping products. Frank is extremely well known in the industry, and with his know-how in the rapidly growing dispensary scene in Illinois, VAPE Holdings has a very broad and long runway ahead of it to launch its products. With almost 5,000 registered patients in Illinois, the timing and opportunity could not be better.
Last but not least, in continuation with our commitment to growing our sales force, we are pleased to announce the addition of two dedicated reps for HIVE Ceramics and Revival Products. These industry veterans bring a wealth of experience to our Company by way of their strong backgrounds and industry connections. We are already in negotiations for shared booths and partnerships with numerous vendors at the upcoming High Times Cannabis Cup in San Bernardino, CA. With this increased presence at numerous vendors throughout the two-weekend event, we intend on generating significant sales and brand recognition at this event to kick off 2016 on the right foot. We will also have a preferred vendor booth at the upcoming AGE -- American Glass Expo in Las Vegas where our newly launched products shall be on full display."
Frank Angiulo, CEO of Vapor Hut states that "Vapor Hut has always delivered premium vapor products to the masses with service and product offerings that have continuously benefited end users. Moving forward with Justin & Vape Holdings will further that mission of delivering the very best of what this industry has to offer. Our mission has always been clear and we feel confident moving forward with Vape Holdings that they too share the same desire in moving users into the new digital age of Vapor."
About Vape Holdings, Inc.
VAPE Holdings, Inc. 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.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: http://www.hiveceramics.com.
From time to time, VAPE Holdings will provide market updates and news via its website http://www.vapeholdings.com/ or the Company's Facebook page at http://on.fb.me/1d5c7iO.
Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for VAPE Holdings' products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in VAPE Holdings' filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting VAPE Holdings please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. VAPE Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information
Investor Relations:
Hayden IR
917-658-7878
hart@haydenir.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
