Vaporin Unveils New Vape Store
MIAMI, FL–(Marketwired – Nov 25, 2014) – Vaporin, Inc. (OTCQB: VAPO), is a distributor and marketer of vaporizers, tanks, mods (VTM’s) and e-liquids products, today announced unveiling the Company’s fifth Vape Store. The Vape Store is located in Ft Myers, Florida and is the first stand-alone building. The Company held a soft opening on November 7, 2014 followed by the Grand Opening on Saturday, November 22, 2014.
Scott Frohman, Chief Executive Officer of Vaporin, commented, “After acquiring four Vape Stores in early September, we are pleased to have hosted the Grand Opening of our fifth store this past Saturday. We soft launched on November 7th and the response has been overwhelming. We have welcomed 160 new customers and experienced an approximate 300% increase in sales as compared to previous soft openings at our other locations. We attribute the successful launch of this store due to a strong and experienced retail management team driving Vape Store expansion, branding recognition and a new store layout. We continue to evaluate opportunities as we drive forward to build our business online and through the launch of additional Vape Stores.”
About Vaporin, Inc.
Vaporin is a distributor and marketer of vaporizers, tanks, and mods (VTM’s) and e-liquids products. The company focuses on a multi-pronged revenue model comprised of convenience store sales, online retail continuity programs, traditional online sales, and the acquisition and opening of retail stores. Vaporin’s innovative technology offers the look, feel and taste of traditional cigarettes without any tar, tobacco, smoke and odor. As an alternative to traditional cigarettes and e-cigarettes, Vaporin is offered in a variety of kits ranging from those for beginner vapor users up to high-level experienced users. The unique Vaping Pens product line and Made-In-USA E-Liquid is what makes Vaporin one of the emerging brands in the market. Vaporin is not just an alternative to traditional smoking, but a lifestyle. For more information please visit, www.vaporin.com.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements including statements regarding the continued growth of our business. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “will,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the results of our marketing efforts including our online initiative, competition from other vapor and e-cig. companies, in addition to the major tobacco companies and new regulations which affect the distribution of these products. Further information on our risk factors is contained in our filings with the SEC, including the Form 10-K filed on March 27, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
1 comment
VAPO just keeps on moving up. Glad to see another retail store from them. Online sales are good but brick and mortar stores are still legit!