*** A lot of money pouring into this sector with not a lot of quality stocks to invest in. Look at the volume today for mcig, vpco, and vapr... all double the average volume. Market cap for mcig is 56 million dollars and they have no product available for sale!
*** People are going to start figuring out the Kyle Tracy - Growlife connection. After phot's 20 percent run up today, growlife investors are going to be looking to flip profits into something else.
*** Top management on board with great industry connections...http://www.vapeholdings.com/investor-information/ With Growlife's press release today officially announcing the departure of President Kyle Tracy he can start playing a more active role with vape. Also Kurt Divich of Integrity Media is on board... he also handles Investor Relations for Growlife.
*** Capital Structure - VAPE can start out with a clean balance sheet without the dilution that destroys many penny stocks.
*** Near term catalysts? Ticker change to VAPE? Signing of deal or product launch.. 1) Vape Holdings is currently negotiating with a Colorado state-licensed enterprise to acquire a state-of-the-art cannabis extraction facility, or its production via commercial offtake. As they are available, details will be announced by company press release.
*** Industry Catalyst - Tons of media exposure leading up to January 1.
The chart for PLPE is looking better everyday. As word continues to get out look for the price to continue to rise as well. When the first press release hits it is going to be off to the races!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.