Update on $VPRB Brands – Expecting a Very Solid December Quarter Report ( $900K - $1M Revenues )
http://globalsmallcaps.com/2017/03/13/2491/
This report provides an update to our October 2016 introduction to VPR Brands, LP and its recent entrance into the wholesale e-cigarette and vaping businesses.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.We believe it is important to point our that vaping-related companies are now squarely addressing the growing cannabis opportunity as more states legalize.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.There are few people more qualified to lead this Company than CEO, Kevin Frija. He has been an industry insider for many years and is well prepared to navigate the fast changing regulatory environment occurring within this sector.We like this story and believe there are good odds this Company will be highly effective in navigating the very fast changing vaping marketplace.
It's only $, play at ur own risk.
