Vapor Group Inc (VPOR)

[kinglord]

Vapor Group, Inc., VPOR, Provides Update on Simple Cork™

Oct 03, 2017
OTC Disclosure & News Service

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Vapor Group, Inc., VPOR, Provides Update on Simple Cork™

PR Newswire

MIAMI, October 3, 2017

MIAMI, October 3, 2017 /PRNewswire/ --

Vapor Group, Inc. (OTC Pink: VPOR), ("Company"), released today the following update on Simple Cork™ from its President and CEO, Yaniv Nahon.

"We are delighted to announce that our revolutionary integrated wine bottle opener and cork, Simple Cork™, which we own in its entirety, has been awarded a patent in France. We are confident that this patent will be the first of many that we'll receive. Since acquiring this invention, we have pursued an aggressive program to build a 'patent wall' around it to protect it. As a result, the Simple Cork™ has been filed for patent protection in 8 other countries, as well as under the 'Patent Cooperation Treaty' in which 70 countries participate.

Taking a patentable invention from design to manufacturing can be complex. This is especially true when your invention has a potential manufacturing, distribution and marketing footprint across numerous countries. Moreover, for us, the development of Simple Cork™ and its plans for manufacturing must accommodate the needs of worldwide winery brands that sell across a range of retail price points.

Since last fall, we have been working with our engineering firms in Italy and Israel on the execution of the Simple Cork™ concept, including several design variations to meet winery brand needs. We believe we are on track for market introductions in early 2018. Moreover, some of the variations from the extensive engineering development provide additional patentable features that we can add to our patent filings, further strengthening the value of Simple Cork™.

The global market for Simple Cork™ is huge and complex. According to the Food and Agriculture Organization of the United Nations, worldwide wine production is estimated to equate to 36 billion bottles each year. Our plan is to initially capture a small percentage of this market which we will grow year-over-year. The upside potential can only be described as unlimited."

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.

Vapor Group 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.

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 , or email [e-mail] . You can also call us at 844-420-EASY (3279).Easy Grinder™ is shippable to Canada.

If you have specific questions about the Company, please email us at [e-mail].

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.
[phone]
SOURCE Vapor Group, Inc.


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