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Tuesday, March 04, 2014 7:04:04 PM
SPLI PR States:
"Currently we are negotiating the acquisition of a company whose product line and key market segment supplement, rather than compete, with our own. We believe this acquisition will proof strategically and economically valuable since it will position us in a segment of our market that we currently don't serve with a different type of e-cigarette product. Completion of this acquisition will result in an immediate incremental revenue gain."
DCSR PR States:
"Discovery Minerals Ltd. (OTC Pink: DSCR) today announces it has entered into a Letter of Intent to acquire VPR Group, Inc., as a wholly owned, self managed subsidiary. This acquisition will continue to facilitate the company's expansion into the rapidly expanding Medical Marijuana Industry. CEO Russell Smith stated, "We consider the Company very fortunate to have the opportunity to commence this acquisition. VPR Group's distribution channels will result in strong product demand and subsequent bottom line revenue, ensuring a foothold in a rapidly growing market."
So both PR's indicate an "acquisition" - but which one is acquiring the other IF "VPR" is Vapor Group? SPLI's PR indicates that the company that they're acquiring will offer a "different type of e-cigarrette". DCSR mentions nothing about different type of e-cigarrettes specifically. IF this is the case, then DCSR's PR states that the one they are acquiring "will result in strong....subsequent bottom line revenue" - which would then reconfirm Vapor Group's current seven digit revenue stream.
So it's up for debate...but perhaps only a rumor and typo on DCSR's PR?
~ Magik
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