Full disclosure - as I've previously documented I've been gathering stock since $0.02 and even added some at $.10 today.
Here would be my 5 biggest items I'd let new investors know about this company.
1. The management team is absolutely the real deal. Kevin Frija was former CEO of Vape Corp who was first public E-CIG company. They peaked at a market capitalization > $110 million with the KRAVE brand. Here is Kevin on CNBC 4 years ago.
https://www.cnbc.com/video/2013/12/19/e-cigarettes-regulation-will-be-good-for-clarity-ceo.html
Dan Hoff is also the most knowledgeable COO in the industry. Check out their YouTube page here.
As true so often, great leaders draw great talent and they have surrounded themselves with some awesome talent in marketing, web, etc.
2. The valuation @ 10 cents is $8 million. HA! The company has done $4M in LTM revs but that was BEFORE continued growth of vaporizer new products and the CBD GOLDLINE launch. The S&A cost have come down, gross margins expanded and they turned profit from operations the last two quarters.
CBD WEBSITE:
https://cbdgoldline.com/
--- Groupon alone is ONE distributor, ONE CBD product, ONE channel and sells 350+ per day. That is damn near $2.5M in annual sales for VPRB!
https://www.groupon.com/deals/gg-goldline-cbd-gummy-bears-from-vape-gods
--- I believe Q4 sales will likely be $2M ($8M annualized) and that $10M+ in 2019 is highly likely IMO.
--- Most companies are trading 6-15x revenue...but even at 5x revenue on $10M sales the share price would be >$0.50. However, the sky is the limit here...wouldn't be surprised if they shatter $10M and do $20M+ with a huge deal based on their industry knowledge.
3. The ONLY reason you can buy shares at this valuation is that for the past 1.5 years the CONVERTIBLE NOTE has added 30 MILLION shares. THAT IS DONE. HALF THE SHARES TRADED DURING 2018 WERE FROM THE CONVERTIBLE NOTE. THE CHANGE IN SUPPLY AND DEMAND OF SHARES IS GOING TO BE EPIC HERE AND YOU HAVE ALREADY SEEN THE START OF THIS SINCE TWO WEEKS AGO WHEN IT FINISHED!
4. The CORE Vaporizer business has consistently been growing 25%+ YOY and they added TONS OF NEW PRODUCTS. The website is here.
http://www.vapehoneystick.com/
5. They just landed a loan of $500K+ at 8%! They have tons of cash now. Search earlier post to learn but they basically cut a deal with HCMC who was in breach of a non-compete contract.
The Q3 earnings report is due out Wednesday.
Best of luck.
Recent VPRB News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/11/2024 11:00:24 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:10:02 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 08:14:37 PM
- VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • InvestorsHub NewsWire • 05/17/2024 12:04:05 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/16/2024 08:06:07 PM
- VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • InvestorsHub NewsWire • 04/19/2024 03:24:43 PM
- Turning Point Brands Canada Named Exclusive Master Distributor for VPR Brands' HoneyStick in Canada • InvestorsHub NewsWire • 01/05/2024 12:13:41 PM
- VPR Brands LP Announces Strong Financial Results for Q3 2023 • InvestorsHub NewsWire • 11/15/2023 12:22:19 PM
- VPRB is Proud to Announce Its Uplisting to the OTCQB Market • InvestorsHub NewsWire • 10/10/2023 11:08:14 AM
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