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1.5 million in revenue from just one product in just 5 months. The market cap of the whole company is about 1.5 million. This is truly ridiculous. By far and not even close this is the cheapest stock of the entire sector. Numbers back this up. Just one of VHUB's products (limitless mod) will more then double in revenues for a year compared to the market cap. I believe the limitless mod is their best product but still, VHUB has many other good products. Press Release below.
8:02 AM ET 4/23/15 | PR Newswire
Vapor Hub International Inc. (OTC: VHUB) (www.vapor-hub.com) is pleased to announce that its new Limitless Mod has now sold more than 15,000 total units since its launch in November 2014, generating approximately $1,500,000 in revenue for the company.
http://www.vapor-hub.com/product-category/mechanical-mods/sleeve-mod-by-limitless/
"Our international sales of this product are growing rapidly and with the additional product features we intend to introduce, we are confident our sales will grow even further," said Kyle Winther, VHUB CEO. "We are especially pleased since our profit margin on this product is excellent."
"This Mod performs beautifully, is affordable, and we can customize it for larger shops," said Jake Perlingos, VHUB President and Chief Technology Officer. "We have developed an interchangeable sleeve design which enables consumers to purchase new sleeve colors and designs at less than $30 and completely change the look and feel of their vape mod," Mr. Perlingos concluded.
Naw, I really forgot that I had bought it. At any rate it went up 25% while I wasn't watching it. It's just a penny stock, nothing serious. I don't have my life savings in here or anything. The vast majority of my money is in less risky things. I like to play with penny stocks though, kind of a hobby.
I bought this about a week ago, bought 12s. I haven't paid much attention to it since I bought it. I figured a nice bounce and even a nice run could happen here. I will probably be correct.
Did you read the transfer agent docs that they filed publicly in the supplemental? Take a look, do the math and let me know what you think the FLOAT is.
Last public financials shows them bringing in 16 million in revs a year and profitable. O/S is one metric and revs and profits is another. Just because one metric is unfavorable doesn't mean the totality is.
I agree with your math. I think others will come to that analysis next month.
Even if they pay in shares I am really not very worried about it. What they owe Typenex is a few hundred K. The loan was 10 tranches but as of January they had only used 2 tranches. By now maybe they have used 3 or 4. That would be modest dilution, not massive. VHUB's market cap is the cheapest in the sector. The market cap should easily swallow modest dilution. Current cap is 1.5, if modest dilution increased outstanding shares even 2 fold then the market cap would be 3 million. It would then be the second cheapest in the entire sector. By most metrics VHUB is in the upper tier of companies in this sector. Whether they dilute or not with the pps as is VHUB will either remain the cheapest of the sector or the second cheapest. The company is undervalued by the market. If dilution comes then the company will still be undervalued by the market at this pps. Considering the company and it's standing against it's peers I feel people over reacted greatly to dilution fears. I am betting that the over reaction gets rectified as people come to realize that if dilution comes it will not be nearly as severe as they would believe it to be. That is my bet. I have looked into it a lot and have done the math. The market right now seems to think dilution would be severe. The market is betting on massive dilution as that is what the current market cap reflects. I personally don't see it as it does not add up. I will bet on modest dilution and not massive and in the end I will most likely be correct. At that time the market will then catch up to my analysis.
I believe that they make it.
The market cap of VHUB is the very cheapest of the entire sector. At the same time by all metrics VHUB is certainly one of the better companies of the sector. Some don't like VHUB's balance sheet. It isn't great at this early stage but it looks just as good and in many cases much better then the other companies in this sector. The market of VHUB is 1.6 million. I don't care if modest dilution will come or not, 1.6 million is extremely low for one of the much better companies in this sector. As to your question of how long will I be long? Well when the market cap at least reaches a fair value. A 10 million dollar market cap would put this company more in line with the others out there all metrics considered. One thing I know for sure is that VHUB absolutely should not be the cheapest stock of the entire sector.
I agree. They may do what they say they intend to do and make a payment in cash. One thing to keep in mind here is that as of most recent publicly known disclosure they had only taken out two tranches of that Typenex loan. Each tranche 100k so a 200k total. Maybe by now they have taken out another tranche or two but maybe not. At any rate if in May they don't make a payment of 35K then Typenex would start to convert just that first tranche of 100k. That is very modest and should be eaten up pretty easy especially with good PRs and news. Also they don't get the shares right away. The transfer agent has to issue and whatnot. It would take a week or two even if VHUB doesn't make the payment before Typenex could get their hands on shares. I have said several times that I don't play penny stocks long but in this instance I'm going to do it. The potential dilution is very modest and it isn't nearly enough to scare me away. The company's products are too good and with the smallest share structure AND market cap of ALL vape companies I'm not going to let potential modest dilution of which no one knows for sure will even happen scare me away. I would like to add that I am choosing to take this position. I am in no way a baggie. I could sell my shares at about a 50% gain currently, but I choose not to. I know this company is severely undervalued and even with modest dilution it will still be severely undervalued at this pps.
Mine filled too. Done for today, see ya next week, I look to load more :)
Check out what the President said yesterday.
"In a CNN special to be aired on Sunday, not only will President Barack Obama state his full support of medical marijuana, he’ll also advocate for alternative models of drug abuse treatment which don’t involve incarceration."
“You know, I think I’d have to take a look at the details, but I’m on record as saying that not only do I think carefully prescribed medical use of marijuana may in fact be appropriate and we should follow the science as opposed to ideology on this issue, but I’m also on record as saying that the more we treat some of these issues related to drug abuse from a public health model and not just from an incarceration model, the better off we’re going to be,” Obama responded."
The last oil crash I rode this horse from 5 bucks all the way to 30. This time I got in at an avg of 2.20. I'm going to ride this baby for awhile. At 5 bucks or so I might sell 20% just to get my cash out and make it pretty much a free ride. Company has been around since 1980 and has survived the previous 3 oil crashes. They know how to get through these times. Oil bottomed last month and insiders have been buying. I'm very happy here.
Can't guarantee it of coarse but it should have another up day IMO.
VHUB just broke the 50 day moving average resistance level. PAR/SAR just flipped too. Looks to now be in a uptrend. I think the 50 and 200 day moving avgs soon converge, hopefully with the 50 punching up through the 200. TA looks good right now.
Thanks, I did get in on ENCR. I told you I would :)
Something popping off here. I bought in Friday for a bounce play. seems I make a good choice.
I read between the lines like this. The guy had a plan going back awhile now. He's an insider of course and knows stuff well in advance before we do naturally. He new awhile ago what distribution deals he struck and what kind of revenue it would bring in etc. He didn't seem like he wanted to raise the authorized to 4.5 bil. He had to though because when they take out notes there has to always be enough authorized in the treasury as collateral. A couple of weeks ago he says he intends to make a substantial payment to avoid further dilution (para-phrasing). There might be another modest note that hits but it seems to me his plan was that awhile back he knew the distribution deal he hit on and I see on here they are even selling in Shoprite too? Anyway, he planned ahead and figured out when there would be enough revenue that would have come in and know what notes were left that he could wipe out. Long story short of what I'm saying is that I think simply we have been waiting for VPOR's accounts receivables to come in and build up so he can make that "substantial payment". I also take it that him making that statement just two weeks ago means that revs have been good and he can follow through on his plan. If accounts receivable side wasn't doing so hot he would have know it as of two weeks ago and would know that he would not be able to make a future substantial payment.
Paint drying I see. That makes since I guess, must be in the distribution part of the cycle. OK, wake me up if we hit .0011 so I can buy another few million OR if we hit .005 so I can start to get excited. Until either of those zzzzzzzzzzz. It's all good though, part of the cycle.
Sounds about right to me.
That's right Kyle, time to focus on and increase VHUB's market cap.
"Kyle Winther, CEO, has been interviewed by analyst Francis Gaskins about the Company's "game-changing" products and focus on increasing its market cap."
Let's go Kyle. Let's get some PR out there and some sells numbers and cost cutting numbers etc. Time to get this thing cooking Kyle. Many inferior ecig/vape companies in all metrics to VHUB have market caps 5-20 times higher for Heaven's sake. Doesn't make any since Kyle. Time to rectify that.
I agree. Important to diversify and spread out the seeds. Don't think there is much on the downside at this time. The MMJ/vape sector is down 13 months in a row and down 90% over that time. Either MMJ index reflects that (Benzinga 420 MMJ Index and Marijuana Index). Time for these to head up for a little while.
By the way as of this morning the Federal judge making the ruling on the constitutionality of MJ being schedule 1 HAS NOT delayed the ruling again. As of this morning it is still supposed to be tomorrow April 15th.
Vapor Hub International Inc. (OTC: VHUB) is pleased to announce that Kyle Winther, CEO, has been interviewed by analyst Francis Gaskins about the Company's "game-changing" products and focus on increasing its market cap.
The entire interview is available at: http://gaskinsco.com/vhub.mp3.
In the interview, the VHUB executive explains how the Company transitioned from selling e-cigarettes to becoming a full service vaping company that has manufactured products that have revolutionized the industry. "New products increase revenues," Mr. Winther said, "and our successful marketing program uses Social Media so both customers and vape shops can see our products online. We are a leader in what has become a $2 billion industry."
Nice! Maybe another 3 day run is in order :)
I hear ya and understand. Thanks and best wishes to you as well.
I feel fine. Still have my position. I could sell currently for close to a 50% gain. Already profited from the start of the year on this one though. It's just re-invested profits back in here. I made my decision. I very rarely will go long on a penny play but I'm going to go long on this and see what becomes of it. If it ever got really ugly then I loose and that is OK from time to time. It keeps a person humble. I have had plenty of winners elsewhere. Can't win them all. I figure good company, good products, and right sector, worth taking a shot at it.
No not much.
Take the balance sheet from Q2 2014 (period ending June 30th) and compare. They are identical. Also LATF went from a stop sign to a yield sign, so they went from "dark" to "limited" information. OTC has them as limited because the balance sheet is not current. It is still the Q2 2014 balance sheet. This is why I say it was for only the first half of the year. LATF also did say "interim" financials. Which means they plan to revise/update.
Maybe, I do know both indexes that LATF is in are down 80-90% from their highs back 13 moths ago and both are getting close to their all time lows. LATF simply followed what the indexes did IMO.
There are two marijuana indexes.
1) Benzinga 420 Marijuana Index
2) MJ or MMJ Index (MJIC)
LATF is on BOTH. There is only about 30 that are on both. O and LATF is also the most heavily weighted on the 420 MJ Index.
Not a PR. Annual report filed March 31st 2015. Filed with interim financials that only shows the first half of the year. Later they will file a "revised" financial report that will show the whole 2014 year. Read the annual report.
That's right May 15th.
Good stuff. I examined that supplemental as well.
Yea, the article has it correct. Most likely she has been stalling to make sure that her written ruling is air tight. I have little doubt that she fully expects it to be appealed to the 9th circuit court. I doubt it will ever make it to the Supreme Court because by the time it did Congress will have rescheduled MJ by then.
GRNH, small float, hanging around 52 week low, recently very oversold, company has some catalysts. I don't even own the stock (which I will most likely take action on) and I'm bullish on it.
It isn't my job to do your DD. Go examine the supplemental, figure it out.
I suggest that you examine the supplemental that was filed last week because it looks as though you are way off base.
I think tomorrow is going to be fun.
Speaking of the new CEO. Has anyone else read the supplemental that he filed with the annual last week? The Transfer agent's leger. It is black and white and it doesn't appear that LATF did what several accuse them of.
Looks like there was a nice amount of buying this morning.
I don't usually do this with these penny stocks but I have decided to play this one long. Too good of a growth industry and opportunity. Looking at all others in the vape sector frankly all others balance sheet is a total train wreck. VHUB's isn't pretty but it isn't completely terrible either. Products are great and team is pretty good but could improve. I know conversions might be coming starting May 4th from Typenex but I believe it will be around 400k. Also it is in tranches so it shouldn't be all at once. I can put up with that. Who knows maybe I can live in dream land and they actually pay off with cash. If not it should not become a death spiral. The float would double, but I believe with the tiny market cap (1.5 million)and the tiny share structure (68 million O/S and 32 million float) those metrics show to me that modest dilution should not be too much of an issue. I will re-examine on a routine basis and will want to see costs decline and sells and margins increase. I understand this company is very young but I do want to see improvements in those areas.
Good info, thanks. Something of substance happens on the rescheduling front either by the courts or Congress and the whole sector runs hard I believe. The entire sector is all setup for it. Both MMJ indexes are near 2 year lows and even in the neighborhood of all time lows.
Folks always trying to time exact bottom. It is very much easier said then done. I can read a chart too but these don't always play out as a chart would make you believe. Remember that everyone else is looking at the same chart. I got some 12/13s last time and that was bottom last time and I do not kid myself I was lucky. I was wise enough however to buy at that pps and not miss it whether I thought for sure it would be bottom or not (I actually thought it was going to .001). This time around I will do the same. I will look for 13 and buy. Then I will look for 11 and buy if it gets there. Then I will look for trips 9 and buy if it gets there. Accumulation towards the bottom with several buys is the best way to do it IMO. Doing it that way as you buy and the pps ticks down another few ticks you still have more reserved and planned powder to buy with. If say you get to buy your first target but then it reverses well at least you picked up some shares and didn't miss it completely. Make a plan going into it that allows you opportunity and follow that plan. If adjustments need to be made then that is OK but make sure the adjustment is off of logic and not emotion. Good luck everyone.