Cerp, you make the case for the bulls very well. If I read between the lines of your comment, the big tobacco companies will themselves evolve into vaping as their primary source of revenues in coming decades. They can either create their own products in their labs, or they can buy "on the cheap" existing specialized talent in vaping product development.
Accordingly, the "end game" for VHUB would be to sell out to big tobacco, and this would help explain why VHUB has been so emphatic on having a capital structure that is so much more debt-centric than equity-centric. There will be more scientific studies done regarding safety in regard to both the consumer and the second-hand smoker, and we'll all see how that plays itself out.
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