Sunday, February 14, 2021 9:30:31 AM
We should get an update next 2 weeks as the date for trial is fast approaching.
Remember that Jupiter was acquired by TILT holdings and manufacturers auto draws to hundreds of various brands across the world.
From someone who’s followed the stock for 4 years the recent volume is NOT from just random investors pumping the price up. VPRB has no investor community. You’ll find a few random tweets, nothing of materiality on any message board, etc. The other times volume has been this high was when Kevin went on his insider buying frenzy last year.
Here are my top 3 theories on share price movement
1. The owners of Dissim and/or investors related to the transaction realize the vast potential of the product line and not only want royalties but might as well purchase back the brand at a reasonable market cap of $10-$20M. In other post I’ve laid out reasons I think the stock can get to $2.
2. People in the know of the lawsuit and/or private equity realizes the vast valuation it will bring to the stock. Even at $.20, the valuation is just $17M. The lawsuit alone could drive more value then the current share price.
3. The company needs to raise volumes in trading based on the $5M private placement they did last winter with Diamond Rock. If you read through the conversion to access the $5M, I said last year that volume would have to be significantly higher and\or share price based on structure. However, I see this as least likely - but if true, means there could be need for immense capital related to #1 above
The end of the day - there is no way this is related to the industry movement - the stock doesn’t work that way, never has. It just happens to correlate now - and I truly believe that’s a coincidence..
Heading to dollar land soon IMO.
Recent VPRB News
- 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
- VPR Brands Announces Q2 2023 and Year to Date Financial Results • InvestorsHub NewsWire • 08/16/2023 11:30:00 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:06:28 PM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM