[jayd89]

Been smacking this all day we need some
Of the strong hands to lock these shares down for the .50+ move

[jayd89]

I think we’re in for a nice ride past .50 in the coming weeks

[Potfolio]

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

[Potfolio]

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.

[jayd89]

Nice volume today looks open back up to .25 grabbed some nice chunks

[Potfolio]

NT - Annual Results

https://www.sec.gov/Archives/edgar/data/1376231/000089109221003160/e13132-12b25.htm

[Jeve Stobs]

Can someone sticky this report on here?

[Potfolio]

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.

[Potfolio]

In some earlier post I outlined the first 3. I get daily updates on filing documents. Sign up.

[barmarty]

where did they file the lawsuits? whant to look at it

[Marillionaire]

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.

[Marillionaire]

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

[Marillionaire]

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.

[Marillionaire]

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

[@MomoPicks]

If this dumps tomorrow, I’m loading the whole enchilada.

[I-Glow]

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

[I-Glow]

Use Pacer for an update don't use a Frija created a pumping press release as an update on the lawsuit.

IG

[I-Glow]

I don't see VPRB on the Dissim website.

And the reviews aren't that great.

So much from all of the fantasy revenue from Dissim.

IG

[I-Glow]

Patent infringement lawsuits are very expensive and can go on for years.

Plus, no other company attempted to license the patent - as I read it - it is overly broad and that is why none of the large vape companies were interested as it doesn't seem to be enforceable.

Frija is using this for pumping purposes only.

IG

[AskMuncher]

$VPRB VPR Brands Update on Enforcement of U.S. Utility Patent for the companies Electronic Cigarette 'Auto Draw' Technology, Multiple Lawsuits Filed
Press Release | 02/17/2021
VPR Brands Update on Enforcement of U.S. Utility Patent for the companies Electronic Cigarette 'Auto Draw' Technology, Multiple Lawsuits Filed
PR Newswire

FORT LAUDERDALE, Fla., Feb. 17, 2021

FORT LAUDERDALE, Fla., Feb. 17, 2021 /PRNewswire/ -- 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.

In recent years, the vaping industry has matured in size and continues to grow. The company believes that its patent puts them in a unique position to capitalize on the recent surge in e-cigarette/vape usage that resulted in what some analysts estimate to be a $6 billion e-cigarette market, not including devices sold for cannabis and CBD. A majority of the nicotine vaping devices sold in the U.S. now utilize an auto-draw/button-less technology. The company is investigating all button less vape devices within the nicotine, CBD, and cannabis space that initiate vaporization from the user's airflow inhalation as they would be suspect of infringement.

"Having personally been in the vape industry since its infancy for more than 10 years and witnessing the evolution of ecig and vapor technology, it is befitting that our company owns this US utility patent for what has grown to be a multibillion-dollar market. The inner construction of an e-cigarette is quite simple and fairly standard, and it is obvious as to what our auto draw technology patent covers, and potential infringement is rather clear when you see it," said Kevin Frija, CEO of VPR Brands.

VPR Brands along with SRIPLAW has started to identify and notify over 50 of the leading companies using the Auto Draw Technology VPR Brands intention to enforce its Patent. 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 3 of the companies. VPR Brands, LP v. Jupiter Research, LLC in Arizona, VPR Brands, LP v. Cool Clouds Distribution, Inc. in California and VPR Brands, LP v. XL Vape in California. Additional lawsuits will continue to be filed as necessary to protect the companys Intellectual Property rights.

"The surge of the vaping category for nicotine, cannabis and CBD in the last few years has reached billions of dollars in sales. That has created opportunities for our patented auto-draw technology, which we believe is now preferred by many, if not most consumers," said Kevin Frija, CEO of VPR Brands. "Infringement can be avoided by simply adding a button to the battery however the preferred option by consumers to simulate smoking is our button-less auto draw technology and we believe this is an opportune time to consider licensing, enforcement or potentially a sale of our intellectual property to one of the larger players in the space. Our Patent could be a huge windfall for the company."

The company may also seek a buyer for this patent in the future. As an example of past patent sales for Electronic cigarettes, another company, Ruyan, gained a U.S. patent for its electronic cigarette product. In August 2013, Imperial Tobacco Group purchased the intellectual property behind the Ruyan e-cigarette for $75 million. The market was barely what it is today and has grown tremendously since 2013.

"In Recent years our patented technology has surged back into popularity making our patent potentially very valuable. I am happy to see our company and legal team actively litigating to enforce our intellectual property." Said Dan Hoff COO of VPR Brands, LP

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. 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.

Corporate Communications:
kevin.frija@vprbrands
[phone]

Cision View original content:http://www.prnewswire.com/news-releases/vpr-brands-update-on-enforcement-of-us-utility-patent-for-the-companies-electronic-cigarette-auto-draw-technology-multiple-lawsuits-filed-301229315.html

SOURCE VPR Brands, LP

[Potfolio]

Last post had the wrong link:

https://www.otcmarkets.com/filing/html?id=13942466&guid=WozaUeSHJMSstth

[Potfolio]

Diamond Rock and the $5 million offering - 1 year ago

Link: https://www.otcmarkets.com/filing/html?id=13863121&guid=WozaUeSHJMSstth

What was it?
On February 19, 2020 (the “Execution Date”), VPR Brands, LP (the “Company”) entered into an Equity Purchase Agreement (the “Equity Purchase Agreement”) with DiamondRock, LLC (the “Investor”) pursuant to which, upon the terms and subject to the conditions thereof, the Investor committed to purchase shares of the Company’s common units (the “Put Shares”) at an aggregate purchase price of up to $5,000,000 (the “Maximum Commitment Amount”) over the course of the commitment period.

At the time I could not wrap my head around why this deal was even put in place because of my understanding of this clause:

The Put Amount Requested pursuant to any single Put Notice must have an aggregate value of at least $25,000, and cannot exceed the lesser of (i) $250,000, or (ii) 150% of the average daily trading value of the common units in the five trading days immediately preceding the Put Notice.


What made even LESS sense was the 2nd part of that clause:
cannot exceed the lesser of (i) $250,000, or (ii) 150% of the average daily trading value of the common units in the five trading days immediately preceding the Put Notice

The volume back then was peanuts - even if it was 100K on average, it would mean 150K units max and at 3 cents it was $4,500. This means it DID NOT hit the first part of the clause of at LEAST $25K. What I said then, in order for this deal to make ANY sense the stock price would have to be MUCH HIGHER or have MUCH MORE VOLUME then it did in early 2020. Why go through the effort of writing up this contract this way?

Flash forward to this week.

Is this deal dead? Is this deal now alive and we are raising equity at higher valuations. Which by the way, I don't think is a bad thing at all...

The rise in stock price - was there insider buying? I haven't seen a sec filing yet so I assume not. Who was buying up the stock hand over first up to $0.25?

Would be nice for the company to explain the reasoning of this deal and if it is still alive and finally have a annual shareholder meeting to review all the great developments.

[Marillionaire]

We own this
https://www.vapehoneystick.com/

[Marillionaire]

we own this
http://www.drgoodhemp.com/

[Marillionaire]

We own this
https://www.kraveit.com/

[Marillionaire]

We own this
https://cbdgoldline.com/

[Marillionaire]

Diamond hands my friend, Diamond hands

[Kahunter]

Pull out or do we think this is gonna bounce again. Kinda kicking myself for not selling at .23. What do you all think?

[Marillionaire]

Still think this runup is due to the Dissm lighter but this Lawsuit could be a windfall , maybe someone has some intel in terms of a settlement therfore buying up before the announcement ?

[Potfolio]

News: https://ih.advfn.com/stock-market/USOTC/vpr-brands-pk-VPRB/stock-news/84360354/vpr-brands-update-on-enforcement-of-u-s-utility-p

[Marillionaire]

My theory on the runup is the Dissm investors now have a chance to go public , and they see this as a way to invest in a public way, also i wouldnt discount the rising tide lifts all boats , there is a very real fundamental shift in real revenues not just projections in the industry

[Potfolio]

VPRB Lawsuit against Jupiter (TILT) & Theories

We should get an update next 2 weeks as the date for trial is fast approaching.

Remember that Jupiter was acquired by TILT holdings and manufacturers auto draws to hundreds of various brands across the world.

From someone who’s followed the stock for 4 years the recent volume is NOT from just random investors pumping the price up. VPRB has no investor community. You’ll find a few random tweets, nothing of materiality on any message board, etc. The other times volume has been this high was when Kevin went on his insider buying frenzy last year.

Here are my top 3 theories on share price movement

1. The owners of Dissim and/or investors related to the transaction realize the vast potential of the product line and not only want royalties but might as well purchase back the brand at a reasonable market cap of $10-$20M. In other post I’ve laid out reasons I think the stock can get to $2.

2. People in the know of the lawsuit and/or private equity realizes the vast valuation it will bring to the stock. Even at $.20, the valuation is just $17M. The lawsuit alone could drive more value then the current share price.

3. The company needs to raise volumes in trading based on the $5M private placement they did last winter with Diamond Rock. If you read through the conversion to access the $5M, I said last year that volume would have to be significantly higher and\or share price based on structure. However, I see this as least likely - but if true, means there could be need for immense capital related to #1 above

The end of the day - there is no way this is related to the industry movement - the stock doesn’t work that way, never has. It just happens to correlate now - and I truly believe that’s a coincidence..

Heading to dollar land soon IMO.

[Zardiw]

Hope so. Only very few lighters I've ever used were reliable.......fwiw

z

[Potfolio]

Yea, the initial runs had some kinks, and some of it is customer awareness. I’ve purchased 2 and never had an issue

[Zardiw]

Nice DD! .......too bad that Dissim lighter has some problems.....maybe they'll get that fixed.....Amazing that the chinese are incapable of building a quality, reliable product....

z

[Potfolio]

Ticker on Dissim Website

The ticker has been proactively taken down off the DISSIM website for VPRB.

Why would they do such a thing. Chew on that.

[Potfolio]

I can see by the volume...

That I am not the only one in this stock. The volume has picked up quite a bit and it can't just be from the recent "pot spike". It's either DISSIM related, private equity or perhaps related to the court case.

Speaking of that...yesterday there was an update from Jupiter. Hold on to your seats - still think we are heading to dollar land within the 1H of 2021.

Update:
https://www.docketbird.com/court-cases/VPR-Brands-LP-v-Jupiter-Research-LLC/azd-2:2020-cv-02185

[Marillionaire]

Potfolio
Once again good to see some real Due diligence on this board

[Potfolio]

Case for $2+ share price by the end of 2021

Disclaimer. I own shares and these estimates and numbers are merely my opinion for debate. Do not invest based on me, do your own DD.

The case for a $170 million valuation or $2+ share by the end of 2021. It’s not that far fetched - and might even be the “base case”.

To get to that valuation, I’m targeting $5 million of 2022 annual operating profit or a 34 forward PE as of Dec 2021. For a high growth company like this - not far fetched - and heck traders have moved Micro cap valuations for FAR LESS.

They are fairly close to break-even at their cost structure today. In matter of fact they had an operating profit in Q3 2020 amidst a very difficult industry and world backdrop.

Ways they can achieve $5 million OI in 2021

- DISSIM world wide revenue reaches $10-15 million and at 20% op. margins that’s $3M right there. They are retailing the lighter at $45, made in China, 5% royalties - sales and distribution structure mostly in place, these are not crazy figures. They also have a lot of new product introductions and product line extensions in the works - colors, dual wind proof, etc. check YouTube, the views on some of these videos and the comments shows significant product acceptance.

- CBD Goldline and CBD brands can grow $3 million in revenue during 2021 at 33% operating leverage and add close to $1M operating profit.

- Flagship Honeystick line of vaporizers can add $2M at 25% leverage or $0.5M.

- Krave E-Cig and Nic gummies add another $2M sales and 25 % leverage for another $0.5M The nicotine gummies could have MM upside.

That’s $5 million OI right there and gets us to a $2 valuation. But wait, sure, there is risk above, but likely opportunity as well. What’s not even considered yet in the valuation though....

- Legal lawsuits could end up netting $0.5M or annual profit it royalties. This could be as high as 5M+ payments as well. They could see the auto draw patent.

- VPR Verified - they have signed distribution agreements

- vertical more directly into marijuana could happen

- the other brands not mentioned above - See website for details.

Key additional and non-financial reasons this growth is attainable:
- Kevin gets paid by increasing the share price. He owns 15-20% OS shares. He takes a modest CEO salary <$250K when you factor in the interest he’s earning off loaning the company money from time to time at 24%.
- They should become cash flow positive quickly with DISSIM and core growth.
- Management has done this all before taking Krave branded E-Cig public.
- Management has a history of signing national distribution and supplier agreements.
- Company hasn’t yet even scratched the surface on becoming more vertically integrated
- Company can easily do a product line extension into Marijuana and capitalize on the industry growth

I’m holding... if I’m half wrong it’s $1. All I know is that today’s valuation of $6 million is grossly misguided. Kevin, has done this all before, and with the recent acquisition of DIssim, the companies trajectory and future has never been brighter. Cheers to the run from $.02 to $2.