Since their launch on November 1, 2014, the Company has generated more than $182,000 in revenue from the product, with profit margins in excess of 60 percent. More than 3,600 units have been sold.
“This revolutionary new mod is affordable, high performing, and customizable for larger shops, all of which increases sales for Vapor Hub,” said Kyle Winther, CEO. “The Limitless Mod is designed with minimal parts to make it cost efficient for consumers, wholesale clients and distributors. By reducing the amount of parts, we are able to retail the Limitless Mod for $99, a favorable price for the marketplace. Our product is an affordable vape mod made in the U.S.”
“Vapor Hub has developed a first-of-its-kind button design that rides on a rail system that gives consumers the smoothest button feel, as well as maximum conductivity. This innovative button design can be patented to secure the intellectual property for an innovation that no one else in the industry has accomplished,” said Jake Perlingos, President and Chief Technology Officer.
“Not only is the Limitless Mod affordable, we have developed an interchangeable sleeve design where consumers can purchase new sleeve colors and designs at a $24 retail price point and completely change the look and feel of their vape mod, without having to spend $200 or more on a new vape mod. We have had tremendous positive feedback from our wholesale clients, as well as retail customers,” Mr. Winther said.
About the Company
Vapor Hub International Inc. is a California-based company engaged in the development, production and sales of electronic cigarette products, including high quality e-liquids, custom mechanical mod e-cigarettes, and unique personal modifications. For more information regarding the Company, visit www.vapor-hub.com.
This press release contains “forward-looking statements,” as defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this press release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the statements contained in this press release are reasonable, there can be no assurance that such statements will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
E & E Communications
To view the original version on PR Newswire, visit:https://www.prnewswire.com/news-releases/vapor-hub-international-markets-the-limitless-mod-affordable-and-revolutionary-300032733.html
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