Update on $VPRB Brands – Expecting a Very Solid
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Posted On: 03/13/2017 9:36:18 AM
Update on $VPRB Brands – Expecting a Very Solid December Quarter Report
http://globalsmallcaps.com/2017/03/13/2491/
We think investors will be pleased with the upcoming December quarter results. We expect a minimum of $900,00 of revenue to be reported, but will not be surprised to see revenues in the $1.0 million range. We expect to see healthy sales and marketing spending within the income statement, which is something investors should support as the prospects for VPR to exert dominance within this rapidly changing sector are significant.The Company in its current form is a result of the purchase of the wholesale assets of Vapor Corp. We believe these assets were the most solid of the Vapor Corp. portfolio. The brands being acquired are highly valued within the retail channel and among consumers.While the growth rate in the markets for e-cigarettes and vaping have slowed over the past year, strong long-term growth is predicted. It is also expected that cannabis legalization will have a positive effect on this sector.
http://globalsmallcaps.com/2017/03/13/2491/
We think investors will be pleased with the upcoming December quarter results. We expect a minimum of $900,00 of revenue to be reported, but will not be surprised to see revenues in the $1.0 million range. We expect to see healthy sales and marketing spending within the income statement, which is something investors should support as the prospects for VPR to exert dominance within this rapidly changing sector are significant.The Company in its current form is a result of the purchase of the wholesale assets of Vapor Corp. We believe these assets were the most solid of the Vapor Corp. portfolio. The brands being acquired are highly valued within the retail channel and among consumers.While the growth rate in the markets for e-cigarettes and vaping have slowed over the past year, strong long-term growth is predicted. It is also expected that cannabis legalization will have a positive effect on this sector.
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