On one hand we own the licensing for cork related "stuff". On the other hand, previous PR indicated a Total Vapor spin off, among others. With Dror's departure it certainly isn't clear (to me) where we stand, but it appears grinder revenue may be limited to distribution.
Under the terms of the Merger, NewGen Concepts will immediately explore the spin-off of each of Vapor Group's subsidiaries as an independent, publicly-traded company, wherein the first spin-off would occur in early 2017 by a share dividend to existing shareholders of record on a given date of ownership.
Still waiting on this part to happen...