Vapor Group Inc (OTCMKTS:VPOR) is one organization that has been experiencing record sales, but surprisingly is stuck in penny land. It regularly attracts investor interest and trades millions of stocks in a day. The company has been dealing in e-cigarettes and e-liquids, which may or may not contain nicotine. Usually, the company sells its products through a number of distributers, but sometimes employs direct marketing techniques as well. It recently signed a deal, with Resinick distributors to market its products in the north east of USA.
The company secured a deal to allow Resinick distributers sell its products at whole sale rates, at 1,500 locations in the north-east. The deal has been reached for three of the company’s wide range of products, namely total Vapor E-liquid, CE4 tanks and Vapor 123 Vaporizer starter kits.
The CEO of Vapor Group Inc (OTCMKTS:VPOR), Dror Svaroi, believed that the deal would enable the company expand the business and get a firm footing in the north-east of the country. However, it is still unclear whether the company later plans to expand its direct marketing to these parts or not.
The quality and unmatched tastes offered by VPOR, combined with the distribution engine from Resinick distributors, one of the oldest in the tobacco business, might prove to be a strong force. However, for a company performing so well and acquiring new deals, it is a surprise that VPOR stock rates have not shown much change. Currently the stock stood at $0.0019, after a slight decline of $0.0002. The changes in the value are insignificant, and, even though, the company benefits from selling shares in huge amounts, small investors have little to look forward to.
This is one stock that has baffled many experts even news from the company also fails to make a significant change. So unless you are investing a huge amount in VPOR and not willing to wait too long, it is advised that you look at other options first.