Breathe eCig Corp. Experiencing Significant Revenue and Retail Locations Growth in New York City Metropolitan Area Marketplace
NEW YORK, Sept. 10, 2015 /PRNewswire/ -- Breathe eCig Corp. (OTCQB: BVAP) ("Breathe" or "The Company"), an electronic cigarette industry innovator and pioneer, has today announced that the Company is experiencing an accelerations in both its revenue growth and market penetration with respect to the New York City Metropolitan area ("N.Y. Metro area") marketplace. The Company is also pleased to report similarly positive results from the Tennessee marketplace, where the Company has been selling its products for the past 90 days or so. At this point in time, the Company believes that it is continually increasing its market share and its proprietary products are presently available in more than 200 distinct locations (inclusive of both Tennessee and N.Y. Metro area markets).
Over the past 30 days ("month"), The Company has generated more than $75,000 USD in net revenues and can confidently project that its business is on track to exceed previous revenue estimates ("revenue guidance"). Breathe continues to receive positive feedback from its multiple distributors and most importantly, the Company anticipates that by the end of this quarter (period ending September 30, 2015), its products will be available in approximately 500 distinct retail locations within the N.Y. Metro area marketplace.
The Company has streamlined its focus on increasing market penetration and availability through various agreements with both retail and wholesale distributors. Based upon the most up to date information available to Breathe, the Company conservatively projects that its net revenues will exceed $250,000 USD during this current quarter that ends September 30, 2015 ("3rd Calendar Quarter 2015").
For the month of August 2015, the Company generated 400% more revenue than it did during the entirety of the 2nd Calendar Quarter 2015 (period ending June 30, 2015). Commenting on this significant revenue growth, Breathe CEO Josh Kimmel stated, "The Company dedicated enormous quantities of time, energy, and resources to develop a high quality product that would differentiate itself in the highly competitive E-Cigarette market segment. The impressive revenue growth currently being experienced by the Company combined with the positive feedback from distributors and customers alike bode well for the future. The Company is confident that continued revenue and market share growth will be realized for the remainder of Calendar Year 2015 and beyond."
About Breathe eCig Corp. (OTCQB: BVAP)
Breathe was founded in 2012 as a research and development company in Knoxville, Tennessee with the mission to develop a better e-cigarette than was available on the market. Now holding multiple patents (pending) for its groundbreaking product, BVAP, Breathe is not your typical e-cig manufacturer. With a commitment to remaining socially responsible through innovative product development, consumer outreach and education, Breathe challenges the e-cig industry establishment. To find out more, visit www.breathecig.com.
DISCLAIMER <<Caution Concerning Forward Looking Statements>>
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Information for the Educated Investor
For further information regarding these and other risks related to Breathe eCigs' business, investors should consult Breathe eCigs' filings with the Securities and Exchange Commission, available at www.sec.gov, and contact Company counsel at [email protected].
Contact:
Mr. Joshua Kimmel
Chief Executive Officer
Tel: +1(844) BREATHE
[email protected]
SOURCE Breathe eCig Corp.
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