Replies to post #23435 on Vapor Group Inc (VPOR)

[GrundleHunter]

It's not entirely bad news, if they are as strict as they are predicting however it could be very bad, as the smaller companies won't have the ability to continue like the big 3 will.

[Gottaplay2win]

Wrong, spare us please. You do this on every board. Having FDA regulations in place helps limit the amount of manufacturers that will try to get into ecigs. SPLI has already met all the FDA regulations so this can ONLY benefit them since they put the effort in premptively. This is already way undervalued. No need to try to talk it down, just buy or go away

[SooS416]

I don't see it being bad news as by all accounts they have been preparing for this. Their bottles are child resistant, have warning labels and list all ingredients. Per the articles circulating they are not going to restrict sales, or limit the use of flavors they want to crack down on the foreign made chemicals used in making ejuice.

To me this is positive as it limits the potential for cheap competition and makes everyone play on the same level field. While others will need to go back and make the changes Vapor Group is already operating as if there are FDA regs in place

Vapor Group, Inc., SPLI, Releases Statement on the High Quality Standards of Its E-Liquids

DAVIE, FL, Mar 27, 2014 (Marketwired via COMTEX) -- Vapor Group, Inc., formerly AvWorks Aviation Corp. (OTCQB: SPLI), (the "Company", "AvWorks", or "Vapor Group"), released a statement today about the unique, high quality standards behind its highly successful line of "Made in the U.S.A." e-liquids.
Yaniv Nahon, Chief Operating Officer of the Company, stated, "We believe that our e-liquids are unmatched by any competitor in terms of purity, high quality, and the steps that we take to protect our customers. All of our e-liquids are formulated and mixed exclusively for us here in the U.S. by an FDA registered laboratory by degreed professionals, in accordance with cGMP guidelines (21 CFR part 111). All our ingredients are quarantined before use, and must pass a test for purity by an independent, third party laboratory before being added to any formulation. The key ingredients that we use in our e-liquids are all United States Pharmacopeia ("USP") grade and kosher. When our products contain nicotine, it is only "levorotatory" nicotine which is extracted using natural processes from high quality black leaf tobacco."

He added, "All batches of e-liquids have a distinct lot number for quality control tracking of ingredients back to their "Certificate of Analysis." Our lab carefully tests each batch of e-liquid with a high pressure liquid chromatograph to verify that we have the correct levels of ingredients, especially nicotine. We don't believe any of our competitors go to the extreme of quality testing that we do."

"Important, each of our e-liquid's packaging bears the following consumer warnings in addition to others: 'NOT A FOOD PRODUCT. DO NOT EAT. KEEP OUT OF THE REACH OF CHILDREN. Refrain from using this product if you are under the legal smoking age in your state. This product is not an aid for smoking cessation.'

"We care immensely about the safety of our children and the safe use of our product. We are committed to clear, definitive safety labeling to ensure that our products are used by adults responsibly. We believe setting and maintaining such high standards for ourselves is the right thing to do, and the smart thing to do for the interests of our shareholders."

Dror Svorai, President and CEO, added, "We are confident that whenever governmental regulation comes to our industry, that we will not only be in compliance with the required standards to be met, but will exceed them in every way. We believe that we are way ahead of our industry when it comes to meeting high standards of product quality. And we are committed to keeping it that way."

[TSP540]

Tobacco company Lorillard Inc, owner of the blu e-cigarette brand, is the dominant player in the field, followed by privately held NJOY and Logic. The three account for an estimated 80 percent of the market.

These manufacturers do not have FDA regulations, unlike VaporGroup. Sure the market size may be reduced a small percentage, but by eliminating 80% of the market... It opens an entire new group of customers. The Companies listed above have less than 3 months to comply. If they haven't already started looking for manufacturing in the USA they are screwed. BLU's mass advertising will soon be non existent since they do not comply. Wait and see revenues and profits will only go up from here

GTA
--Potts

[mrcarnita]

So wrong. FDA regulation is great for SPLI and bad for the competition. SPLI management has been anticipating the crackdown and has the highest quality standards in place. Many thought the PR that spoke about quality standards was fluff; it wasn't. SPLI is ahead of the game.