MOMO'S BREAKOUT BOARD

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$VPRB may also seek a buyer for this patent in the future. As an example of past patent sales for Electronic cigarettes, another company, Ruyan, gained a U.S. patent for its product with the application stating that the product is “an electronic atomization cigarette that functions as substitutes (sic) for quitting smoking and cigarette substitutes.” (U.S. Patent No. 8,490,628 B2, 2013). In August 2013, Imperial Tobacco Group purchased the intellectual property behind the Ruyan e-cigarette for $75 million. The market was barely what it is today and has grown tremendously since 2013, nearly tripled in size. https://finance.yahoo.com/news/vpr-brands-monetization-enforcement-u-165552584.html