I had a friend at the Aegis Conference who took some short-hand notes of the Vaporin presentation yesterday morning. I'm not going to disclose any other information about the friend or myself. Take it for what it's worth but here is a copy of the notes:
"Does only vaporizers and liquids not e-cig
Did a 1 for 50 reverse split
Sells in convenience stores and online, vending machines in strip clubs and night clubs
Bought brick and mortar “the vape shops”
600k rev in 5 months 2014
40% margin
Also into Canabis line of vape
Vaporizers are better than e-cig, blue cig lost 35% share last quarter as people switch to vape from e-cig
Better hit and more volume more battery power and more types of liquids with vape
30,000 vape shops are in the us currently (not VAPO’s)
Chroma Dex supply agreement to add B3 vitamins and energy into the liquids
The pres of vapo had a manufacturing facility in China and lives there so he had a leg up in getting this manufactured in china and done correctly, cheaply, and with quality.
NY state passed law ok for medical marijuana, but only through vape or edible
They are headquartered in the same building as phil frost in Miami"