$VPRB The monetization strategy includes licensing
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Posted On: 01/09/2020 10:10:27 AM
$VPRB The monetization strategy includes licensing and or manufacturing contracts with infringing brand owners. The company and its legal team headed by Joel B Rothman of SRIPLAW are also prepared to litigate if necessary.
“Having personally been in the vape industry for the past 10 years and witnessing the evolution of ecig and vapor technology, it is befitting that our company owns this US utility patent for what has grown to be a multibillion-dollar market. The inner construction of an e-cigarette is quite simple and fairly standard and it is very obvious as to what our auto draw technology patent covers, and potential infringement is rather clear when you see it,” said Kevin Frija, CEO of VPR Brands. “Our Patent could be a huge windfall for the company either by enticing infringing companies to order product through VPR Brands or as an alternative pay royalty on infringing product. Infringement can be avoided by simply adding a button to the battery but there is a reason the preferred option by consumers and most manufactures to date to simulate real smoking is our buttonless auto draw technology which best mimics real smoking.” news https://finance.yahoo.com/news/vpr-brands-mon...52584.html $VPRB
“Having personally been in the vape industry for the past 10 years and witnessing the evolution of ecig and vapor technology, it is befitting that our company owns this US utility patent for what has grown to be a multibillion-dollar market. The inner construction of an e-cigarette is quite simple and fairly standard and it is very obvious as to what our auto draw technology patent covers, and potential infringement is rather clear when you see it,” said Kevin Frija, CEO of VPR Brands. “Our Patent could be a huge windfall for the company either by enticing infringing companies to order product through VPR Brands or as an alternative pay royalty on infringing product. Infringement can be avoided by simply adding a button to the battery but there is a reason the preferred option by consumers and most manufactures to date to simulate real smoking is our buttonless auto draw technology which best mimics real smoking.” news https://finance.yahoo.com/news/vpr-brands-mon...52584.html $VPRB
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