Absolutely! A fair valuation of Vapor Group, compared to MCIG or VAPE(matches mcigs SS now, vapes post split) this should honestly be trading well over mcig now, which last I looked was in the .30s..and has been at or near .40 in the past week or so iirc.
What we know about mcig is that they have a celeb endorsement, a new product just released and paid stock promo coming next week.Financially, they are currently in the red. For those of you that doubt that, the info comes from the companies own twitter feed.
What we know about Vapor Group, they have a warehouse full of inventory in Fla. They have multiple online retailers, they are in walgreens and 711 nationwide.They have a MJ vape for wax, and a separate one for dry herb.They have a popular Made in USA branded line of e-juices. We've been told by the company in pr that they have +7 figure revenues and a leading national product.
Based on those FACTS, other than the pr info, Vapor Group is obviously worth more than mcig right now..a LOT more..
Now, if you believe(and I do) that there's some profit margin on that +7 figure number, and that it's legitimate, then now you're talking about earnings and long term equity as well as cash dividends in the long term.
Vapor Group, if what we've been told is true, already has the revenues to qualify for NASDAQ up-listing now.
This isn't a speculation, SPLI is undervalued to the tune of thousands of percents. the only details we don't currently know for sure is whether the pr info is legit, we have no reason to think that it isn't.
This should be a 200mil dollar company.
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