InvestorsHub Logo

bears3434

11/12/15 3:53 PM

#82353 RE: FinnWeed #82352

Great job my man KUDOS and thanx for your input!!!

Vapor Group US Made
zman

Juice555

11/12/15 4:20 PM

#82354 RE: FinnWeed #82352

Thanks for your post.

I highly appreciate you taking the time going there and posting your finding here.

Were you able to see the shipping area? Did they seem busy? Were there any packages ready to be shipped out?

Thanks again for your input

CashBowski

11/12/15 4:23 PM

#82355 RE: FinnWeed #82352

Good job mate...Thanks for the DD and confirmation ;-)

nwsun

11/12/15 4:29 PM

#82356 RE: FinnWeed #82352

Thanks for the update. That's an impressive space they have. At least from the outside.

underweartrader

11/12/15 4:57 PM

#82357 RE: FinnWeed #82352

The scooters are already known about, my only concern is that they are a new way to funnel money out of VPOR and partially back into Smart Wheels Inc while the other part goes into managements pockets.

http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2015%5C0904%5C76435788.Tif&documentNumber=P15000072204

DD-214

11/12/15 7:18 PM

#82361 RE: FinnWeed #82352

Those scooters are called '"Smart self balancing boards" they're a dime a dozen, imported from China and if you go into just about any large shopping mall you'll see a kiosk selling those..

Concerning they would have the need to look at something totally unrelated to their business model.. There's about 20% gross margin in those boards and very difficult to compete with the big national toy/sporting good companies that are also bringing them in..

Here's just one example, they're all made by couple of Chinese companies and imported using a dozen different names.. When they originally came to market about a year ago they were selling close to $1000, now in most cases are under $300 and I'll bet within six months the price drops to $100 or less..

It's a sad situation if the company needs to start selling dreck like that..

http://www.amazon.com/FITURBO-Balancing-Scooters-Electric-Transporter/dp/B00WGXO4YM/ref=sr_1_9?ie=UTF8&qid=1447374114&sr=8-9&keywords=smart+self+balancing+scooter

WALLnut

11/12/15 8:53 PM

#82365 RE: FinnWeed #82352

I asked and I received.

Thanks for the VPOR update. Your visit and report is like a mini PR here, and I wouldn't be surprise if we get a little pps bump up from this tomorrow. Thanks Bro!!

CashBowski

11/12/15 9:42 PM

#82367 RE: FinnWeed #82352

The smart wheels is a very good source of revs, and let's not forget the whole idea behind VGR media was marketing "other" products, which appears to be exactly what they're doing, not to mention if means more sales $$$ on our balance sheet, so you won't find me complaining for putting VGR media to good use and seeking to gain more value for their shareholders.

I'm thrilled to find out about a New York location...now that's an intriguing prospect and has the wheels turning.

Thanks again, well done!

Cheds

11/12/15 11:24 PM

#82372 RE: FinnWeed #82352

nice work. still not sure how that helps us. did you ask about fins?