Hi everyone, first time posting but long time lurker. After doing my DD, I came here to give you a summary of what I like about Vape Holdings and why VAPE is definitely worth more than it is currently. However, please note that as a small time investor, I can only know so much.
First of all, let's get this straight out of the way. VAPE is definitely a risky stock. All Pink Sheet/OTC companies are automatically more risky than those companies that are on NASDAQ AND DOW. However, this does not change the fact that there are actually legit businesses in the Pink Sheet/OTC exchange. Additionally, despite the risk of VAPE, the upsides are tremendous. I'll throw some numbers out for everyone. CANV has a 102mil Market Cap. CNAB has a 78.52mil Market Cap.MJNA has a 157mil Market Cap. VAPE is at 21mil Market Cap. With a 21mil Market Cap, VAPE is seriously behind their competitors, many who don't even make money or sell any products at all. My judgment from this is that it's undervalued.
Next, let's talk about their brand Hive Ceramics. On August 20, Hive Ceramics had 31,273 Instagram followers. As of right now, they have 31,597 IG followers. That's an increase of over 300 followers in 9 days. If we project the growth rate of popularity for this brand at a linear rate, we will be able to achieve around 12,000 new followers a year from now. Additionally, I have been reading through the Instagram post comments. Lots of positive reviews. You can also look at HIVE review on Youtube and other links like TokeCity. Lots of positive ones as well. Warren Buffet once said that you can't time the market, you can only buy stocks that have a good product that will sell. I believe VAPE will sell so I invest in VAPE.
Now I will admit there are also negative aspect in VAPE as well. While I was hoping to hit it rich a week ago when the earning game out, I was devastated. It looked terrible. It WAS terrible. However, as start up company needs more time. 300,000 in revenue is not that big of a deal. Good products will sell. While it made me sad, I am sure that in the long run, VAPE will earn more.
We just need to wait for the next business move VAPE makes. While I see some bumpy roads ahead unless they could make some serious cash right after earnings, I do think of VAPE as a long term buy and I hope many of you stick it out to the end.
Also Rakeman, calm down. If you don't like this stock, go away. I'm getting tired of reading your messages about how MJ companies are pump and dump.
