MIAMI, December 14, 2017 /PRNewswire/ --
Vapor Group, Inc. (OTC Pink: VPOR), ("Company" or "Vapor Group"), reported today that its single month November revenues exploded past $500,000 as the result of the rapid growth of CBD sales by Royal CBD, Inc., its newly formed subsidiary, and the continued success of Easy Grinder™.
The upward trend in November revenues alone almost exceeded the total of the July, August and September revenues of $517,458, and by far exceeded 1st quarter revenues of $65,615 and second quarter revenues of $49,457, which totaled $115,072 combined.
Yaniv Nahon, President, stated, "Our sales numbers are strongly trending upward! November was a huge month for us and what I think was our inflection point. The winning combination for us was our focus on developing distribution sales for CBD products while continuing to build revenues for Easy Grinder™, particularly internationally. We expect that this escalation in revenues will continue in December, and indeed into 2018."
He added, "Coupled with the recently announced pending asset sale that is expected to close at year-end (12/29) which significantly reduces our long term debt, 2017 will end on a high note for our shareholders, who will start 2018 with the expectation of receiving registered shares following the asset sale based on the number of shares they own on 12/29. Moreover, in 2018, we will embark on an additional strategy as we enter the business of cryptocurrency mining."
About Vapor Group, Inc.
Vapor Group, http://www.vaporgroup.com, is focused on the acquisition and development of commercially viable intellectual property and proprietary products. Vapor Group, is a publicly traded OTC company, trading under the symbol, VPOR.
The Company's subsidiary, Total Vapor, Inc. is the worldwide distributor of the revolutionary, hand-held automatic Easy Grinder™. For more information or to place an order, visit http://www.easygrinder.com , visit Amazon.com at http://a.co/5HOPUkE , email email@example.com or you can call us at 844-420-EASY (3279).Easy Grinder™ is shippable to Canada.
Vapor Group also owns Simple Cork, Inc., http://www.simplecork.com, the developer of a new, multi-nationally patented combination wine bottle cork/opener being prepared for market entry in 2018.
Vapor Group recently formed a new wholly-owned subsidiary, Royal CBD, Inc., to take advantage of the explosively growing CBD oil products market.
If you have specific questions about the Company, please email us firstname.lastname@example.org.
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Safe Harbor Statement:
This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Such statements include any that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate", "project", "intend", "forecast", "anticipate", "plan", "planning", "expect", "believe", "likely", "should", "could", "would", "may" or similar words or expressions. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those in such statements, which involve risks and uncertainties, including those relating to the Company's ability to grow. Actual results may differ materially from those predicted and any reported should not be considered an indication of future performance. Potential risks and uncertainties include the Company's operating history and resources, economic, competitive, and equity market conditions.
Vapor Group, Inc.
SOURCE Vapor Group, Inc.