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ready for lift off. you ready?
•November 16, 2017Comment
VPOR Creates Subsidiary To Focus On Cannabidiol (CBD) Based Products
MIAMI, Florida, November 16, 2017 /PRNewswire/ --
Vapor Group, Inc. (OTC Pink: VPOR), ("Company"), today announced that the Company has formed a new wholly-owned subsidiary, Royal CBD, Inc., to take advantage of the explosively growing CBD oil products market.
The Company, in an August 22, 2017 Letter to Shareholders, had previously announced its intention to enter one of the fastest growing markets in the nation… the hemp-derived Cannabidiol market.
"The CBD or Cannabidiol market could grow by700% by 2020 as more people turn to these products for health improvements", stated FORBES. https://www.facebook.com/forbes/posts/10154841517757509
Moreover, FORBES said that the CBD market could grow to $2.1 to $3 Billion by 2020. The article went on to describe CBD based products as: "Cannabidiol (CBD) is the part of the cannabis plant that doesn't get you "high" like the THC side of the plant. It is typically used for health reasons instead of for recreational purposes." https://www.forbes.com/sites/debraborchardt/2016/12/12/the-cannabis-market-that-could-grow-700-by-2020/#66305684be1e
The Hemp Business Journal estimated that the CBD market will grow to a $2.1 billion market in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That's a 700% increase from 2016. In 2015, the market for consumer sales of hemp-derived CBD products was $90 million, plus another $112 million in marijuana-derived CBD products which were sold through dispensaries - bringing a total CBD market to $202 million last year.
Yaniv Nahon President of the Company, said, "Hemp-derived cannabidiol (CBD) doesn't get you "high",. It is typically used for health reasons instead of for recreational purposes and also has the benefit of providing a relaxing effect. We want to be on the front of the wave in the rapidly growing CBD market arena and we believe that's just what this market entry does for the Company and our shareholders."
Mr. Nahon continued: "Royal CBD, Inc., our wholly owned subsidiary, sources directly from third party manufacturers, and already has major customer-resellers of CBD products to buy our products.
The Company believes that the revenues to be generated by this new subsidiary, when combined with the Company's accelerating sales of Easy Grinder™ will have a significant positive impact to the Company's bottom line this fiscal year."
About Vapor Group, Inc.
Vapor Group, http://www.vaporgroup.com, is focused on the acquisition and development of commercially viable intellectual property and proprietary products.
The Company's subsidiary, Total Vapor, Inc. is the worldwide distributor of the revolutionary, hand-held automatic Easy Grinder™ .Easy Grinder™ is shippable to Canada.
Vapor Group also owns Simple Cork, Inc., http://www.simplecork.com, the developer of a new, multi-nationally patented combination wine bottle cork/opener being prepared for market entry in 2018.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions.
Vapor Group, Inc., Enters Market Forbes Estimates At $2.1 To $3 Billion By 2020
Oh yes more sales more revenue boys weeeeeeeeeeeeeeee to penny land
they are trying to get there. lets ride it till then.
12 ReTech Corporation Releases its Third Quarter FY2017 Financial Results.
Nov 15, 2017
OTC Disclosure & News Service
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Carson City, NV & Hong Kong, Nov. 15, 2017 (GLOBE NEWSWIRE) -- 12 ReTech Corporation (OTC: RETC), announces that for the three months of the third quarter FY2017 ending September 30, 2017, the Company posted revenues of $34,645 and a GAAP net loss of $8,081,528. Excluding a onetime, noncash good will impairment expense of $7,811,650, the non-GAAP net loss was $269,878 for the three-month period. The impairment expense was the result of the acquisition of 12 Japan, Limited in July 2017.
Angelo Ponzetta, 12 ReTech's CEO commented, "I am pleased with the progress of the Company which is occurring on several fronts, which should result in growth and profitability during FY2018. First, our pending acquisition of Active Fashion Group and our efforts to build their B2C sales channels is showing progress and we are optimistic that the resulting organic increase in sales and higher gross margins, will produce additional positive net cash flow for us.”
“Second, in recent meetings with a number of retailers in both North America and Europe, we have received positive indications of interest to move forward with the deployment of our 12 Technology Suite. It seems that they all have a common denominator, which is the need for an Omni-channel approach that gets them in front of new customers and gives them the ability to pursue these customers through multiple channels to make a sale, whether it be in the store or via e-commerce or mobile commerce channels. Retailers in general want to provide better sales environments and excellent customer service and 12 ReTech gives them the tools to do so.”
“Third, we are getting positive indications from additional consumer product brands who we are speaking to about our brand roll up strategy. We are working on several opportunities and expect to be able to make some interesting announcements in the very near future.”
Daniele Monteverde, 12 ReTech's Chief Financial Officer commented, “So far, we have frugally managed the expense side of our business, and believe that we will be in an excellent position to produce meaningful positive cash flow in FY2018 as the opportunities in front of us come to fruition.”
About 12 ReTech Corporation:
12 Retech Corporation (OTC: RETC) is a publicly listed holding company whose operating subsidiaries develop, improve, acquire and/or license technologies designed to bridge the convergence between real world "Brick and Mortar" stores with effective Online retailing, creating a new, fun and exciting way of transacting Commerce. For Retailers, our products bring more Consumers into physical and/or online stores, encouraging them to purchase more by improving their overall shopping experiences while lowering both the Retailer's costs of customer acquisition and the costs of employee training. This is Empowered Shopping. We enhance shareholder value by acquiring Micro-Brands that can greatly increase revenue and earnings by applying and using our proprietary technologies. These Micro-Brands give us access to sell our technologies to Major Retailers around the globe. We are the Retail Solution: throughout history 12 is a "symbolic number" and ReTech stands for "Retail Technology". Our subsidiaries 12 Japan Limited and 12 Europe, A.G. operate under the guidance of our main technology subsidiary 12 Hong Kong Limited. Our Micro-Brands operate under the leadership of our U.S. based subsidiary 12 Retail Corporation. For more information about our products, technologies and/or Micro-Brands visit our website at: http://www.12retech.com
12 ReTech Corporation is publicly traded in the United States on the OTC Markets under the symbol: RETC.
Safe Harbor: This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its turnaround strategy, changes in costs of raw materials, labor, and employee benefits, as well as general market conditions, competition and pricing. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on Form 10-K, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
Tom Nelson
Ten Associates, LLC
Tenassociates33@gmail.com
1-480-326-8577 (USA)
Investor Relations
investors@12retech.com
Copyright © 2017 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
i don't see any numbers falling short. we sold over 500k worth of grinder. we got pr before we get fins. we should be getting fins Friday, or Monday adding more today! we are going to show Revenue!!!!!!!!!!!!!!!!!
https://www.otcmarkets.com/stock/RETC/profile
Right now all we need are good fins. The 4th quarter should be audited. So fare we are on the right path.
i know i cant wait we break .0030 we can hit a penny no problem
great news on out today. Vpor all the way up.
we are ready for the 3rd Fin's
https://www.otcmarkets.com/stock/VPOR/news/Vapor-Group--Inc---VPOR--Revenues-for-July--August-and-September-Jump-to-Over--500-000--10-Times-2nd-Quarter-Results?id=175202&b=y
Vapor Group, Inc., VPOR, Revenues for July, August and September Jump to Over $500,000, 10 Times 2nd Quarter Results
Nov 14, 2017
OTC Disclosure & News Service
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Vapor Group, Inc., VPOR, Revenues for July, August and September Jump to Over $500,000, 10 Times 2nd Quarter Results
PR Newswire
MIAMI, November 14, 2017
MIAMI, November 14, 2017 /PRNewswire/ --
Vapor Group, Inc. (OTC Pink: VPOR), ("Company"), reported today that revenues for the three months ended September 30th were over $500,000, which is 10 times the 2nd quarter revenues. Management credits the sales surge to the growing worldwide distribution and sales success of Easy Grinder™.
Yaniv Nahon President of the Company, said, "Easy Grinder™ sales continue to climb both domestically and internationally. During the third quarter we added major new U.S distribution giving us thousands of points-of-sale for Easy Grinder™. Today this momentum has accelerated with the addition of new overseas distribution." He added, "We believe this sales momentum will continue to build from the increasing worldwide market awareness of Easy Grinder™ which is being achieved by the efforts of our distributors as well as through our own ongoing marketing campaigns. Year-end revenues will definitely further demonstrate this continued sales success."
About Vapor Group, Inc.
Vapor Group, http://www.vaporgroup.com is focused on the acquisition and development of commercially viable intellectual property and proprietary products.
The Company's subsidiary, Total Vapor, Inc. is the worldwide distributor of the revolutionary, hand-held automatic Easy Grinder™. For more information or to place an order, visit http://www.easygrinder.com visit Amazon.com at http://a.co/5HOPUkE , email sales@easygrinder.com or you can call us at 844-420-EASY (3279). Easy Grinder™ is shippable to Canada.
Vapor Group also owns Simple Cork, Inc., http://www.simplecork.com the developer of a new, multi-nationally patented combination wine bottle cork/opener being prepared for market entry in 2018.
If you have specific questions about the Company, please email us at investors@vaporgroup.com.
Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions.
CONTACT:
Vapor Group, Inc.
+1-954-883-9525
SOURCE Vapor Group, Inc.
Copyright © 2017 PR Newswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
to soon for share buy back. that would be ideal. but we are seeing a good change. Yaniv is doing great. we need to show some revenue and debt paid. not all Debt obviously.
I think either Friday or Monday.
Today they got a five day extension. On the fifth day
On Facebook. A reply to a share holder.
Yaniv says we are getting the fins on the day of. So lets see
New game coming today.
Good sign.
i grabbed 3's
$APTY Filing an 8K today. You didn't hear it here ?? #CEOtalk
NEW TWEET. $APTY Filing an 8K today. You didn't hear it here 👀 #CEOtalk
Nice bro that’s great.
She may be ready for another 3pennys
Lets have a great day today.
https://www.diamondcbd.com/collections/grinders
if we show that we sold 20k Grinder's at $45.00 that's $900,000. and if we sold 10k Grinder's at $99.00 that's $990,000. they are selling. lets see what happens when the fin's come out.
VPOR long
We may have a great week let’s go VPOR!!!!
If news comes out Monday that would be great.
I don’t know what it is
someone is trying to get the cheapies. nice grab them while you can
i was in last time @ 2.19 and out @ 3.10 i believe she will do it again. long but strong
To the moon with her
early morning slap 2,997,285 very nice
Post market trades very nice
We are going up great news I wanted stronger financials
Down tend over we may see a dollar soon
only the 3rd qt is going to get us over the 30 mark!!!!