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Just settled a $5 million+ lawsuit plus royalty deal... this is primed up and ready in my opinion.
This is really weird. The stock price went from .062 to .28 without anyone here pumping it? Was that just the pre-pump? Not even Kevin is around to send me love notes.
Volume is up, forming a bit of a base, if I were a penny stock buyer I'd have to be all over this.
What am I missing? Too early?
It's coming... all in my opinion.
Kevin....buddy!....how in the world is this stock still in existence and actually going up in value??
I wonder why all the minions left here? Not paying anyone?
I'd give a big hearty hello in amazement that this company still exists, but it seems no one is here any longer.
Hey Kevin....you don't write, you don't call any more. I feel like your Bubbie.
The share price is moving based on lawsuits now?? Research how that has worked out on other penny stocks.
Let's goo
why no gab here, any body no anything about the last few days
They won their third patent infringement case. Should make it interesting today.
This company doesn't PR much, they don't make much chatter, they just go about their business, and maintain their profits and upward mobility. It's a different breed compared to the rest of the OTC, imo. I think they are going to win all their lawsuits to the tune of some nice cash on their bottom line. This one moves quickly when it does. Weekly chart is churning nicely now. We all know this will move big one day, and all the chatter will follow :) .
The latest court filings are public record, you can look them up. It's hard to say how long each case will take.... patience!
why no chatter here? maybe because we know where this could go overnight, when is the next lawsuit finalized, july?
Ty for this, buddy.
Recent Lawsuits -Updated Jan 11
After the 2nd disclosed settlement, I thought I'd update the lawsuits I see and recent activity. The biggest ones are the first 2 and both very much in play, and likely feeling the heat as smaller players have settled.
VPR Brands LP v. Jupiter Research LLC ***The largest player***
- Jupiter has requested a stay pending inter parties review
- VPRB to respond this week- interesting to see the strategy play out here
- Jupiter does $200M+ in vaporizers... meanwhile they have settled other cases with 2 companies doing a combined $1.5-2M annually (based on what I could find on the internet) for $400K. This case is the most important.
VPR Brands, LP v. Cool Clouds Distribution, Inc.
- Last Activity Oct 13, 2021
- Entered protective order - moving towards trial beginning May 2022
- Trial is now scheduled for Dec 2022 with discovery coming before that
VPR Brands, LP v. XL Vape, LLC
- Last Activity July 27
- Lawsuit ended without prejudice, unknown settlement
VPR Brands, LP v. BAE Worldwide LLC
- Last activity: Nov 29, 2021
- Nov 15 - "Parties discussed settlement but have not reached agreement"
- Requested motion for judgement of pleadings and VPR has until 12/8 to respond.
-Jan- Case was agreed by both parties to be dismissed - unsure of settlement at this time.
VPR Brands, LP v. PHD Marketing Inc. (settled with below)
VPR Brands, LP v. HQDTECH USA LLC
- Notice of settlement Nov 12, just hit news today.
- NEPA 2/Wholesale
VPR Brands, LP v. Myle Vape Inc. et al
- Schedule order coming up on 2/11...trial likely later in 2022 unless settlement comes sooner.
VPR Brands, LP v. MONQ, LLC
- Jury Trial Q1-2023 but parties remain open to negotiations
- Jan they requested motion for inter party review, VPRB to respond by Jan 18
VPR Brands LP v. B&G Trading LLC
- Last activity Oct 12, 2021
- VPR Stipulation to dismiss without prejudice on Oct 8
- Settlement unknown
Getting started here $VPRB
Recent Lawsuits
With the recent news of a settlement I thought I'd share recent activity for some of the on-going lawsuits. I have no legal background and doing my best to interpret. The win today is a good step in the right direction.
PR: https://www.globenewswire.com/news-release/2021/05/06/2224375/0/en/VPR-Brands-Has-Recently-Filed-Three-New-Lawsuits-to-Enforce-Its-Intellectual-Property-Patent-Rights.html
VPR Brands LP v. Jupiter Research LLC
- Jupiter submitted claim construction and appears parties are in agreement ahead of trial in 2022
VPR Brands, LP v. Cool Clouds Distribution, Inc.
- Last Activity Oct 13, 2021
- Entered protective order - moving towards trial beginning May 2022
VPR Brands, LP v. XL Vape, LLC
- Last Activity July 27
- Lawsuit ended without prejudice
VPR Brands, LP v. BAE Worldwide LLC
- Last activity: Nov 29, 2021
- Nov 15 - "Parties discussed settlement but have not reached agreement"
- Requested motion for judgement of pleadings and VPR has until 12/8 to respond.
VPR Brands, LP v. PHD Marketing Inc.
VPR Brands, LP v. HQDTECH USA LLC
- Notice of settlement Nov 12, just hit news today.
- NEPA 2/Wholesale
VPR Brands, LP v. Myle Vape Inc. et al
- Basically have until 12/30 to respond to court
VPR Brands, LP v. MONQ, LLC
- Jury Trial Q1-2023 but parties remain open to negotiations
VPR Brands LP v. B&G Trading LLC
- Last activity Oct 12, 2021
- VPR Stipulation to dismiss without prejudice on Oct 8
Babooooom, just starting here.
VPRB SETTLEMENT releases the HOUNDS of the FUTURE?: https://investorshub.advfn.com/uimage/uploads/2021/12/6/vatuqVPRB_NEPA.png
What are your thoughts about this?
$VPRB: Patent Infringement LAWSUIT
Effective December 1, 2021, VPR Brands, LP (the “Company”) and NEPA 2 Wholesale, LLC (“NEPA”) entered into that certain Settlement Agreement (the “Settlement Agreement”). Pursuant to the terms of the Settlement Agreement, the Company and NEPA agreed to settle a lawsuit filed by the Company against NEPA that alleged patent infringement relating to U.S. Patent No. 8205,622 (the “Patent”), and NEPA agreed to pay to the Company $275,000. In addition, pursuant to the terms of the Settlement Agreement, the Company agreed to license the Patent and related patents and applications to NEPA and certain of its affiliates.
The foregoing description of the Settlement Agreement does not purport to be complete and is qualified in its entirety by reference to the Settlement Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and which is incorporated herein by reference.
GO $VPRB
$VPRB: Cracking $0.08 easy and we have SALES
I mean...... doesn't take a genius to figure it out, does it ??
GO $VPRB
$VPRB: NEWS out........ Q3-YoY Sales up 66%
VPR Brands LP Announces Increase in Sales Revenue up 66% Year over Year in Third Quarter
FORT LAUDERDALE, Fla., Nov. 16, 2021 /PRNewswire/ -- VPR Brands LP (OTC:VPRB) a market leading supplier and patent holder for electronic cigarettes or vaporizers for nicotine, cannabis and cannabidiol (CBD) and other related smoking accessories such as pocket lighters has reported quarterly and year to date sales and earnings for the period ending September 30th 2021.
"Our sales momentum continues to build and is solid, we are on track to have our best year ever in 2021" Says Kevin Frija CEO of VPR Brands LP " We are excited to see how this year ends."
Gross Revenue up 66% in Q 3 of $1,651,215 in 2021 from $993,509 in 2020
Company's Net loss for Q 3 $48,415 in 2021 cut in half from $102,652 in 2020
Net Profit of $114,721 year to date in 2021 from a Net loss of $574,596 in 2020
Results of Operations for the Three Months Ended September 30, 2021 Compared to the Three Months Ended September 30, 2020.
Revenues
Our revenues for the three months ended September 30, 2021 and 2020 were $1,651,215 and $993,509, respectively. The increase was a result of an industry-wide health-related crisis that hampered sales significantly in 2020.
Cost of Sales
Cost of sales for the three months ended September 30, 2021 and 2020 was $1,114,202 and $562,057, respectively. Gross margins decreased to 33% in 2021 compared to 43% in 2020 due to an increase in wholesale and private label sales in 2021 compared to the same period in 2020 offset by increases in both raw materials and shipping costs as compared to the same period in 2020.
Operating Expenses
Operating expenses for the three months ended September 30, 2021 were $489,061 as compared to $393,196 for the three months ended September 30, 2020. The increase in expenses is primarily due to increased sales activity in 2021.
Other ExpenseInterest expense decreased to $96,366 for the three months ended September 30, 2021 as compared to $140,908 for the three months ended September 30, 2020 due to less interest expense recognized on related party loans in 2021. During 2020, there were more active loans accruing interest than in 2020.
Net Loss
Net loss for the three months ended September 30, 2021 was $48,414 compared to a net loss of $102,652 for the three months ended September 30, 2020.
Results of Operations for the Nine Months Ended September 30, 2021 Compared to the Nine Months Ended September 30, 2020 Revenues Our revenues for the nine months ended September 30, 2021 and 2020 were $4,612,992 and $2,797,512, respectively. The increase was a result of an industry-wide health-related crisis that hampered sales significantly in 2020,. Cost of Sales Cost of sales for the nine months ended September 30, 2021 and 2020 was $2,740,518 and $1,699,876, respectively. Gross margins increased to 41% in 2021 compared to 39% in 2020, due to pricing pressures from the decreased demand related to the industry crisis in 2020.
Operating Expenses
Operating expenses for the nine months ended September 30, 2021 were $1,484,858 as compared to $1,242,671 for the nine months ended September 30, 2020. The increase in expenses is primarily due to increased sales activity in 2021.
Other Expense
Interest expense decreased to $272,894 for the nine months ended September 30, 2021 as compared to $429,561 for the nine months ended September 30, 2020 due to more active loans in 2020.
Net Loss
Net income for the nine months ended September 30, 2021 was $114,721 compared to a net loss of $574,596 for the nine months ended September 30, 2020You can read the entire Form 10-Q here: VPR Brands, LP. (Form: 10-Q, Received: 11/15/2021 17:28:54) (otcmarkets.com)
About VPR Brands, LP:
VPR Brands is a technology company, whose assets include issued U.S. and Chinese patents for atomization related products including technology for medical marijuana vaporizers and electronic cigarette products and components as well as lighters. The company is also engaged in product development for the vapor or vaping market, including e-liquids, vaporizers and electronic cigarettes (also known as e-cigarettes) which are devices which deliver nicotine and or cannabis through atomization or vaping, and without smoke and other chemical constituents typically found in traditional products. For more information about VPR Brands, please visit the company on the web at www.vprbrands.com.
Forward-Looking Statements This news release contains statements that involve expectations, plans or intentions, and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date made. The Company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.
Contact Information:
VPR Brands LP
Kevin Frija CEO
+1 (954) 715-7001
Info@VPRBrands.com
Look at the history of this company. A long history of minimal news, minimal advertising, and also, minimal dilution and toxic financing. Also check the history for big moves out of nowhere. The company is profitable.... which can't be said for most OTC companies.
Just be patient for news or updates on the lawsuits, imo.... this one moves quick when it does.
why won"t this stock pop? there has to be something? what is it. have we been lied to along the way. is production like i believe, is distribution if any, there? a product people want. what is wrong here. any ideas
Floppy, VPRB m/cap is $3M? **REALLY**?:
Makes MINUS 1000 sense to me? (hint?: "Record Sales"?)
What are your thoughts about this?
What a nice chart... seems like a reversal is coming here.
The company communication and lack of insider buying.
Full disclosure I own millions of shares but don’t park money here if you’re not patient.
The company is tremendously undervalued but they have little focus on telling their story. They will someday and maybe by then the price won’t be single digits.
I am concerned that there has been NO insider buying from anyone. The share price is 3 cents and a 2.5M valuation. You’d think that would be low enough for them to mortgage the home if they believed in the long term company valuation. Kevin does own 20M shares (25 percent) which is more then 99 percent of pink sheets but he has bought in the past when it got this low…. Just a yellow flag of caution to consider
what is going on here? anyone know anything
Looks like some of these lawsuits are coming together IMO if one of these stick it will be a game changer!! Now .044
Big News 200% increase $$$$$
A little background on Kevin the ceo
Mr. Kevin Frija is Chairman of the Board, Chief Executive Officer of the Company. Prior to Joining the Company and from June 2009, through March 2014, Mr. Frija served as chief executive officer and chairman of the board of directors, of Vapor Corporationration and from June 2009, through February 2013, Mr. Frija also served as president of Vapor Corporationration a company Mr. Frija grew from 1million in sales to 25million and oversaw the up listing from the pink sheets to the NASDAQ. He has over 25 years of experience, particularly in the areas of sourcing, manufacturing, supply chain management, marketing, advertising, and licensing. Prior to Mr. Frijas involvement in Vapor Corporationration, he operated In Gear fashions, Inc., a swim and resort wear company based in Miami, Florida
Q1 earnings due next 2 weeks. Mild expectations as Chinese New Year and Dissim had just started. Q2 sales though should set a quarterly record for the company. IMO
OEM Inverted Lighter - "carbon"
It appears the company is also trying to OEM the inverted lighter.
https://www.vesselbrand.com/products/carbon
To be honest, don't love that there is 0 product differentiation here. Would love to see at least have it in different colors?
This does open up though the possibility of partnering with another brand with higher brand identity...
Anyone still here complete silence on the boards
Been smacking this all day we need some
Of the strong hands to lock these shares down for the .50+ move
I think we’re in for a nice ride past .50 in the coming weeks
Dissim now being sold at WALMART online
https://www.walmart.com/ip/DISSIM-Inverted-Luxury-Adjustable-Soft-Flame-Butane-Lighter/430367611?wmlspartner=wlpa&selectedSellerId=101027609&&adid=22222222228418077958&wl0=&wl1=g&wl2=m&wl3=503840619087&wl4=pla-1189185626765&wl5=9015108&wl6=&wl7=&wl8=&wl9=pla&wl10=270988958&wl11=online&wl12=430367611&veh=sem&gclid=Cj0KCQjwse-DBhC7ARIsAI8YcWK9dzdVLF_5KVMiGcqSbGurBf_o4llD00CrRMrQn_YmL993gYJH7l8aApWjEALw_wcB&gclsrc=aw.ds
Yes, Dissim is at Walmart. And you can buy this company for a $3.5M valuation today. It’s truly insane
2020 Analysis + 2021-2022 Financial Projections
After reviewing the annual report I thought I'd share my perspective - which of course includes the bias that I own shares but believe the last 5 months we have turned the corner and are heading to dollar land in the next 12-24 months.
2020 Q4 Recap
1. Revenue was $1.2M, up 27% vs PY Q4.
2. Gross Margin was 51% in Q4! This was up from 38% in Q2, and 43% in Q3. Note in 2018 and 2019 it was 42% and 33%, respectfully. If we can maintain near 50% GM % going forward that is a complete game changer. This is driven from pricing, likely lowering our input cost and of course new product introductions at higher price points.
3. S&A cost as a % of sales were 40%, this is DOWN from 46% in 2019. The last 2 quarters of 2020 they were 40% of sales - and as they moved through the new COVID world it seems they got lean and mean. Going forward as they continue to leverage their existing supply chain - they should leverage nicely and continue to keep that 40% or lower.
4. OI (before interest and taxes) was $129K. This was the 3rd straight quarter of operating profit - up to 11%.
Overall IMO - Q4 was the best financial performance by the company since I started following it back in 2018.
2021-2022 Forecast
Here is my opinion.
1. Assuming they can continue to grow in the 25% range on their CORE business (excluding Dissm and lawsuit infringements) the revenue would be $5.6M in 2021 and $7M in 2022. This seems really fair as a base case.
2. If GM% can stay in the 50%, and they can continue to leverage their fixed cost structure driving S&A cost down to 35-37% range then they will have $1.1M of income in 2022.
3.The 2 wild cards are DISSIM and Patent infringements. IMO based on the DISSIM reach in such a short period of time that $1.5 and $3.5M in sales for 2021 and 2022 is VERY reasonable. Look at Amazon, youTube, etc. They are selling this product internationally at will. The first batch of DISSIM lighters had some minor flaws which drove the stars down on customer reviews - but over the past 2-3 months the stars have been steadily rising (it now has 4.3 stars on amazon over past 3 months and up to 4.0 overall - this is after the slow start). The DISSIM lighter should be able to leverage nicely with minimal S&A cost adds - but let's assume $250K of cost adds by 2022 on the $3.5M of revenue. This scenario adds $1.5M of income in 2022 just from Dissim alone. Again, IMO this is the wild card and could easily blow up into 5-10x this.
4. If you take the $1.5M dissim in the conservative case above + the $1.1M from the core business - VPRB could so $2.6M in OI by 2022. With a 35 PE that puts valuation at $1.00
5. Clearly these are projections but they do not feel to pie in the sky. They EXCLUDE ANY BENEFIT FROM THE INFRINGEMENT LAWSUIT WHICH COULD BE MILLIONS IMO. Also, we all know 99% of penny stocks have HIGHER valuations on FAR FAR LESS. There is always the scenario where this starts to get more investor awareness and it trades $1, $2, $3 just because... Don't forget the CEO here took KRAVE brand public...and the COO Dan Hoff is as passionate and an industry guru. They both own millions of shares and take normal salaries from the business - so when we win they win.
Good luck to anyone investing here - clearly anything under $.20 IMO has SIGNIFICANT RISK/REWARD OPPORTUNITY.
Nice volume today looks open back up to .25 grabbed some nice chunks
Can someone sticky this report on here?
Not sure everyone saw the NT (late notice filing) but they did attach FY results that would indicate a very strong Q4 of revenue growth in the 15-20% range and break-even net income (compared to Q4 loss of $500K last year). Revenue of approximately $1.2M is also solid - all before dissim.
In some earlier post I outlined the first 3. I get daily updates on filing documents. Sign up.
where did they file the lawsuits? whant to look at it
VPR Brands has Filed Multiple New Lawsuits to Enforce its Intellectual Property Rights
Fort Lauderdale, FL -- March 4, 2021 -- InvestorsHub NewsWire -- VPR Brands, LP (OTC: VPRB): VPR Brands is a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (CBD). The company owns Intellectual Property which is one of the original Patents filed for electronic cigarette technology. This Patent dates back to 2009 and includes independent claims covering electronic cigarette products containing an electric airflow sensor, including a sensor comprised of a diaphragm microphone. The sensor turns the battery on and off, and covers auto-draw, button less e-cigarettes, cigalikes, pod devices and vaporizers using an airflow sensor. The technology is covered under electronic cigarette utility patent US 8205622.
“Just this week we have filed Three additional lawsuits which brings the total to Six with many more expected and likely as almost every company in the vape space has at least one product which uses the Patented “auto draw” technology.” said Kevin Frija, CEO of VPR Brands. “We will be aggressively pursuing every company infringing on our patent no matter how small or how large they maybe.”
VPR Brands along with SRIPLAW has started to identify and notify over 50 of the leading companies. These companies were prioritized, based on sales volume and popularity.. Most recently VPR Brands LP and its legal team, headed by Joel B Rothman of SRIPLAW, have filed litigation against Three more of the companies.
vprb stockwits room went from 56 watchers to 240 in 2 hours
$vprb stockwits room went from 56 watchers to 240 in 2 hours.....hopefully it gets the attention it deserves.
— Stocks Junkie (@RamonAl06520338) February 26, 2021
Some dude on Twitter .....
All great stocks go through months and even years of stagnation as fundamentals backfill into expectations. The hardest part is holding through these periods watching other people make money in other stocks. It's too easy to sell, saying you'll come back to it, but you won't.
Paid shills back on the board i havent seen iglow joker in 8 months , Facts are vprb has some good things happening and a rapidly expanding industry, The story is good the Future is Bright for Vprb
If this dumps tomorrow, I’m loading the whole enchilada.
When looking at the USPTO database since 05/07/2009 no one was interested in licensing the patent.
On 08/29/2019 the patent was assigned from PAN, GUOCHENG to VPR BRANDS, LP
12/437,511 ELECTRONIC CIGARETTE
Broad patents spread a wide net but more likely to be invalid
Over-broad Patents Are No Longer A Good Thing
It used to be that “broad” patents were the best things for litigation. That is no longer the case.
Frija bought a worthless patent for pumping purposes only.
95-97% of ALL patents fail to be licensed or commercialized. For those that want to explore this statement specifically:
https://www.google.com/amp/s/www.forbes.com/sites/danielfisher/2014/06/18/13633/amp
https://www.google.com/amp/s/www.allbusiness.com/97-percent-of-all-patents-never-make-any-money-15258080-1.html/amp
http://www.willitsell.com/patmyths.asp
https://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?referer=https://www.google.com/&httpsredir=1&article=1586&context=btlj
IG
Use Pacer for an update don't use a Frija created a pumping press release as an update on the lawsuit.
IG