Vape Holdings Inc. (fka VAPE)

[Night_Falls]

Most Interesting Historical Perspective
That was a good read. Clearly, the author was correct that the $235m valuation was "better than best case" and unsustainable. However, VAPE has several new developments since that article.

Hive is up and running, generating revenues. Hive's ceramic pieces are not really the same market as eCigarettes or electronic vapor devices. The Hive bits are a great mix of old and new ways to consume cannabis; old school water pipes can be adapted with new school Hive products. The difference is enough to keep the major players like Altria out of the Hive game for now.

$235m is pretty lofty but as the author said, another eCig company was purchased for $110m so who really knows where the valuation lies. The current value at nearly $4m seems awfully low considering that valuation is worth only 1 year of revenues.
My hope with VAPE is that the company actually has a substantial earnings reports and kicks if a 2013 MD8X style rally from sub-$1 to multiple dollars. A 5sp seems achievable should VAPE have some good numbers