Healthier Choices Mgmt Corp (HCMC)

[John-Knee]

Vapor Corp. Announces Preliminary Results Of Cash Tender Offer To Purchase Outstanding Series A Warrants

HOLLYWOOD, Fla., Jan. 18, 2017 /PRNewswire/ -- Vapor Corp. (OTC Pink: VPCO) ("Vapor" or the "Company") announced today the preliminary results of its tender offer to purchase up to 32,262,152 of its outstanding Series A warrants (the "Series A Warrants") at a purchase price of $0.22 per warrant in cash. The Company's tender offer for the Series A Warrants expired at 5:00 p.m., Eastern time, on January 17, 2017. Based on a preliminary count by Equity Stock Transfer, LLC, the depositary for the tender offer, as of the expiration date for the tender offer, a total of 10,073,884 Series A Warrants were properly tendered and not withdrawn, for a total purchase price of approximately $2.16 million. Payment for the Series A Warrants accepted for purchase in the tender offer will be made promptly by Vapor Corp.

After completion of the tender offer for the Series A Warrants, the Company expects that 48,956,712 Series A Warrants will remain outstanding.