SIMI VALLEY, Calif., Nov. 20, 2014 /PRNewswire/ -- Vapor Hub International Inc. (OTCQB: VHUB) recently announced the results of its operations for the quarter ended September 30, 2014, including revenue of approximately $1.37 million. The Company posted gross profit of $628,226 and net income of $44,486 for the period.
"We anticipate increasing revenue throughout the balance of 2014," said Kyle Winther, CEO. "We are pleased with these financial results and believe they show both shareholders and potential investors that we are undervalued based on the revenues and profitability we have posted."
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 vaporizers, and unique personal vaporizer modifications. In addition, the Company operates the Vapor Hub Lounge in Simi Valley, California, where customers and potential customers can relax, try the complete line of Vapor Hub products, and receive world-class customer service.
For more information regarding the Company, visit www.vapor-hub.com.
This press release contains "forward-looking statements," as that term is 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, including, but not limited to, expectations of sales and/or profitability.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, our failure to attract new customers. 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 beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions 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
SOURCE Vapor Hub International Inc.