Vape Holdings Inc. (fka VAPE)

[RockRoll]

There has been profit taking here -- as it has been all along the MJ sector. Some of these retail investors are going to rotate back into the sector before the election, or after [if the measure in Calif. passes, which it's projected to].

Many MJ companies' SS have their O/S at 1,2 or more billions of shares ... and are already trading at a PPS of .10 - .22.

Investors are seeing VAPE trading at .0275(!), with just under 500mill O/S. I think the trading here will be very interesting the next couple of months. If Prop 64 passes, it takes effect Jan '17, the following is estimated: [From a fortune.com article in late October]

California’s Department of Finance has estimated that the state could bring in as much as $1 billion in tax revenues every year from legal cannabis sales if Prop 64 passes. The state’s legal marijuana market, an estimated $2.7 billion from medical pot, could reach $6.5 billion by 2020 with the addition of recreational sales, according to ArcView Group’s estimate.

There's going to be consolidation in the sector next year, and VAPE (with the best ticker around) can be a buyout candidate --- if their debt issue has been restructured of course.

Anyway GLTA!!