NEW YORK, April 25, 2014 /PRNewswire/ -- Vape Holdings, Inc. (OTCQB:VAPE), (formerly PeopleString Corporation) is a holding company operating in the legal cannabis concentrate industry. The Company plans to design, market, and distribute various vaporization products under several unique brands and sales channels. The Company also intends to introduce a nonporous, non-corrosive, chemically inert ceramic vaporization element as a healthy, sustainable alternative to traditional titanium and quartz vaporization materials.
Vape is a very early stage potential contender in currently highly visible hot market segment that has been rampant with speculation and hype. We view this as a potentially overheated story that has exhibited extreme stock price volatility that certainly would not be explained by any fundamental dynamic currently ongoing.
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