Vapor Group, Inc., VPOR, Continues Marketing Strategy of Unique Electronic Products With Addition of New Hydroponic Systems
(firmenpresse) - MIAMI, FL -- (Marketwired) -- 03/31/16 -- Vapor Group, Inc. (OTCQB: VPOR), (the "Company"), announced today that it is continuing to focus on importing and marketing cutting edge electronic products (other than e-cigarettes and vaporizers) -- a strategy that it began last fall with the Whizboard brand of scooters, a product whose sales and distribution grew explosively over the year-end holidays and which continues to sell well today. The latest cutting edge electronic product that the Company will acquired the rights to import and market nationally is a "product family" of self-contained, highly efficient indoor hydroponic herb growing systems that can grow from one to six plants or herbs with ease and with little purchaser attention. (To see a prototype product, go to ). The systems, initially 4 in all, are being developed specifically for Vapor Group and include unique, adjustable, low energy LED growth lighting systems. Suggested retail prices will be from $299.00 and up. The Company will have significant quantities of each of the systems available for immediate shipment within about a month, and has begun reaching out to its wholesale accounts across the country.
Dror Svorai, President and CEO, said, "Last summer we shifted focus by beginning to import and resell electronic products nationally. Our first such product, the "Whizboard", put us firmly into this business both at retail and wholesale. Now, we are expanding this strategy with the marketing of a series of cutting edge electronic, hydroponic systems." He added, "It shouldn''t be a surprise to anyone that the e-cigarette/vaporizer business has matured. Since we are committed to drive revenue growth and protect aggregate gross margins, it was imperative that we expand our offerings beyond vapor-related products. This strategy provides us with immense flexibility and the ability to augment our product offering rapidly with quality, cutting edge products that are fun to use. We think over time, this strategy will significantly redefine our business as it builds volume sales in new product categories and in new market areas."
About Vapor Group, Inc.
Vapor Group, Inc., , is in the business of designing, developing, manufacturing and marketing high quality, vaporizers and e-cigarette brands which use state-of-the-art electronic technology and specially formulated, high purity "Made in the USA" e-liquids that are formulated with and without nicotine. These products are sold under the Vapor Group, Total Vapor, Vapor 123 and Vapor Products brands. The Company, through its subsidiary, Smart Wheels, Inc. also markets the cutting-edge "Whizboard" brand of scooters. All Vapor Group products are sold nationwide through distributors and directly to consumers through its own websites. Vapor Group also owns and operates VGR Media, Inc., a full service interactive advertising agency. Total Vapor Inc., Vapor 123 Inc., Vapor Products, Inc., VGR Media, Inc. and Smart Wheels, Inc., Florida corporations, are all wholly-owned subsidiaries of Vapor Group, Inc.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "will likely", "should", "could", "would", "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company''s actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company''s ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company''s limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
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Vapor Group, Inc.
954-792-8450
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Datum: 31.03.2016 - 06:00 Uhr
Sprache: Deutsch
News-ID 1425120
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