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Monday, 07/28/2014 10:43:17 PM

Monday, July 28, 2014 10:43:17 PM

Post# of 63036
Here is why the delay is not important. They are requiring that Vapor commit $41,000 per store to cover Tenant Improvements/Security deposits on 10 more stores by September 30th (per SEC filing). That is huge. Basically they are still growing the brand regardless of the deal not closing. If the deal wasn't going to close they would not be doing all of this intermixing. All the other details are small and basically meaningless and part of any major deal. Most importantly in the conference call for Q1 earnings Vapor said they expected the vapor zone stores to do 30,000 to 50,000 in revenue per month. There are already 8 stores. Add 10 more and that is 18. Assume 40k a month per store and that $8,600,000 in annual sales. Also, it will drive internet sales. IVG already had 15million in internet sales in 2013. Guys we are looking at a company with go forward sales of 50 million (combined with 27 million of VPCO sales) and growing. Also, I wouldn't be surprised if IVG personal take over the internet sales for KRAVE which will give a boost to sales. Lastly, it seems like they are going to aggressively open new stores. It is the perfect place to sell the vaping products. Most ECIG users switch to vaping. This is the perfect model to capitalize on the new market that is exploding. It seems to me that VPCO is ahead of the curve. The current market cap is very low. In my opinion the company should be valued close to 150 million right now.
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