When I first saw this morning that there were at the time 23 posts already today, I imagined that something new and material had transpired with Vapor Hub overnight. Instead, I saw frustrations with lack of knowledge regarding details of litigation and details of patent ownership, and frustrations among the brotherhood here based on one's vantage point towards the company.
I'll probably regret doing this, but I'm going to chime in:
1. Hostastock and RPH deserve immense respect for actually being in the vaping business and in general for having been small business owners in the era even before the new light of the Trump presidency.
2. decatsmeow deserves immense respect for putting his money where is mouth is, as calculations based upon his own posting history show him with perhaps even 3% ownership of the company.
3. CashByers deserves immense respect for the willingness to present the sometimes cruel-appearing reality of technical analysis of the stock.
4. Knife deserves immense respect for always being reasonable and courteous in his posts.
5. Katloose deserves immense respect for currently co-serving with CashByers as moderator of this board. It must be hard to see the gang behaving badly on your watch.
You all get the picture by now. I'm going to stop at these six examples of folks who ought to be respected and listened to, whether their advice is heeded or not.
I'm the most "questionable" person here, so I need to really add value here in order to "belong" to this exceptional group of board-mates. So let's talk about patents, and let's use the most recent annual 10K as the source document. Strangely enough there are only hints and clues about ownership of patents and trademarks by VHUB itself, but they are pretty strong hints:
1. From Page 6 of the 10K:
Limitless Mechanical Mods: Our Limitless Mechanical Mod (pictured below) was developed in August 2014 by our CEO Kyle Winther and our President Jake Perlingos. August 2014 is a time that followed the creation of VHUB via the reverse the merger with DogInn, so one would imagine that when employees develop something on company time, the patent belongs to the employer.
2. From Page 18 of the 10K:
Our commercial success may depend, in part, on obtaining and maintaining patent protection of our technologies and product candidates as well as successfully defending third-party challenges to such technologies and candidates....In addition to patents and trade secrets, we also consider our trademarks important in our ability to continue to develop and maintain the goodwill and recognition associated with our brands.
If one is going to write about patents and trade secrets, it would surely appear to me that there are some of these to actually be writing about.
That's the best that I can do for the moment, and I hope that helps move the debate down the field as to the intrinsic value of the stock for purposes of estimating what the buyout value of the assets ought to be.
Good day to all.
