Newgen Concepts Inc (OTCMKTS:VPOR) announced that its preliminary production run of Easy Grinder™ planned to manufacture 20,000 units, which will generate gross revenue of more than $1 million is sold out. This strong performance can be accredited to exceedingly strong reseller and retail pre-orders and reservations. Web demand is rising regularly and wholesale distribution demand is arriving from resellers based in Europe.
Newgen Concepts considers that such global demand for Easy Grinder™ is beginning and will turn a notable driver of 2017 profits and revenues. Its subsidiary unit Total Vapor Inc. and the global distributor of Easy Grinder™, will commence customer deliveries by the close of next month. Total Vapor had its focus on its web retail strategy while accommodating wholesale reservations and pre-orders. It is supporting Easy Grinder™ globally through web marketers reaching more than 100 million prospective users through social media.
Earlier in February, the company reported that Total Vapor launched a video for Easy Grinder™ which shows a demonstration of it in use. The intent is to have this new video go viral in marijuana industry worldwide. In the imminent weeks the firm intends to heavily endorse this video through social media with the assistance of online marketing companies. These professional firms have reach of more than 100 million potential users.
Retail online pre-orders came strong at $99, offering improved retail gross margins. Subsequently, Newgen Concepts is concentrating on its web retail strategy while it persists to accept notable wholesale pre-orders. As per the recent updates, deliveries are intended to commence in March.
The company recorded another smash hit as it launched Easy Grinder™ at the popular Champs Show held in Las Vegas from February 7, 2017 to February 9, 2017. It not only recorded numerous national distributors during this event, but also obtained wholesale pre-order placements inquiry for Easy Grinder™.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: https://www.journaltranscript.com/disclaimer
The Next Big Thing In Biotech?https://journaltranscript.com
Get our top rated alerts on the biotech sector
Miner Stock About To Explodehttps://www.journaltranscript.com
Investors are flocking to this stock like no tomorrow !