Healthier Choices Mgmt Corp (HCMC)

[rtraster]

More e-cig M&A activity: VAPO acquires JAK Ecigs
Vaporin, Inc. (OTCQB: VAPO) Acquires JAK e-cigarettes. Led by Founder and CEO Jack Saleh, JAK ECIG is a producer and marketer of electronic cigarettes.

Scott Frohman, Chief Executive Officer of Vaporin, stated, "JAK ECIG has a unique brand with great distribution. They have proven in the marketplace that they have a superior product at a great value. Smokers have been embracing JAK and are now asking for them over other brands as sales are rapidly expanding into thousands of retail locations. With current distribution in five states, the acquisition will enable us to quickly expand to a national footprint. As a combined entity we will be able to scale both brand and distribution to enhance the growing sales that JAK already has in combination with Vaporin's current product line of vaporizing pens and e-liquids. With Vaporin's platform that is able to access capital and strategic resources, we believe that together we have a strong combination to bring favorably priced high quality products to the electronic cigarette industry. We expect to announce the closing of this transaction within the next 30 days."

http://finance.yahoo.com/news/vaporin-signs-letter-intent-acquire-120000677.html

Bodes well for the sector. Great for Vapor Corp!