Vapor Group Inc (OTCMKTS:VPOR) is a company that has shown its determination to be amongst the leaders in its industry. The company, at the start of the year, had announced that it intends to pay off a large number of its debts. In February, the company, made another announcement stating that it had paid approximately $148,000 of its debt, before maturity and the date of any potential stock conversion, to its creditor. This was the second in a series of debts that the company intends to return. The move is one that would greatly improve the financial health of the company and would also increase the value of its stock.
Subsequently, the company saw a series of downfalls in the market, as its stock declined substantially. Recent news about the company’s new deal with Resnick distributors helped it gain a better position. The company also has a dedicated market and keeps up its reputations by delivering quality products. Currently, the company is involved in the manufacturing and marketing of E-Cigarettes and their components. The company has the utmost confidence that its products are incomparable to any of those available in the market.
Its E-liquids are formulated and mixed in an FDA approved laboratory, in accordance with cGMP guidelines, by degreed professionals. In addition to this, to further certify its purity, the liquids are put through tests from an independent third party laboratory. This is why the company continues to report large returns in terms of revenue, that assures that investors that their trust is rightly placed. The revenues generated by the company should be proof enough that it has the potential to repay all its debts, without taking a heavy toll on its production line or market. Unfortunately, the investors are of a different opinion and might have doubts as to whether the company can keep up the inflow of revenues in the coming year. The 1Q2015 financial report would play a crucial role in defining the investor interest.
Vapor Group Inc (OTCMKTS:VPOR) closed at $0.002, registering a decline of 11.76%