Set up with the legal assistance of Jody M. Walker exactly three years ago today, it finally looks like the penny stock of Vapor Hub International Inc. (VHUB) is ready to be pumped. Shares of VHUB stock plummeted to set a new low despite news that sales of the eCig vaporizers, mods, e-liquids, and other vaping accessories reached a record high during the month of March. With both StockTips and BillionaireStocks both due to send out new picks next week, adding the recently 9-for-1 forward split ticker to the watch list would be a pretty smart thing to do with expectations of a “Jump” to come soon.
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VHUB Stock Quote
Market Cap: 40.47M
Last: 0.4997 ▼ -0.3253 (-39.43%)
Dollar Volume: $1,120,332
Issued and Outstanding: 68,060,001
14-Day Rel Strength: 45.39%
1st Resistance Point: 0.7728
1st Support Level: 0.2988
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Vapor Hub International is just a few months away from their first anniversary in business. Having started their operations on July 12, 2013, it’s no wonder why some traders were eager to grab shares of VHUB prior to yesterday’s massive price adjustment.
Having only done business for less than 6 months, Vapor Hub International reported a net loss of just $15,508 after recording revenues from July 12, 2013 to December 31, 2013 worth $210,961. That’s not bad at all considering they had 16 full-time employees/consultants and 2 part-time employees/consultants in general and administrative, operations, engineering, research and development, business development, sales and marketing, and finance as of March 14, 2014.
Having entered 2014 with $99,343 in current assets and just $52,613 in current liabilities, the financial health of Vapor Hub International is not really in question. What is questionable is at what price does one think of buying shares of VHUB stock at.
When Vapor Hub reversed merged into Thomas Bartlett’s DogInn, Inc. (DOGI), a start up company intended to become a resource for travelers seeking information and resources regarding pet friendly accommodation, services and products, Bartlett’s 50,938,984 post split shares were cancelled. However, the 30,060,000 post split shares his friends and family owned with a cost basis now of 0.00109 weren’t.
|Officers and Directors||Position||Shares Owned|
|Kyle Winther||CEO, Director||12,666,667|
|Lori Winther||CFO, Director||12,666,667|
|Gary Jacob Perlingos||Director, CFO, President||12,666,667|
With 30 million shares of VHUB stock out in the public float, the $15 million worth of shares the Bartlett’s friends and family collectively held could swing in either direction just yet. Seeing as how Jody had a hand in helping DogInn get started 3 years ago, seeing VHUB stock alerts arrive via email in the not-so-distant future seems like something that can be banked on.
Since the logo for Vapor Hub International is an obvious copycat of the famous rock group Van Halen, anyone who was alive when their “1984” album carpet bombed the radio and MTV with their hits would expect VHUB stock to do what their #1 hit from that album calls for:
About VHUB Stock
Vapor Hub International Inc. is a development stage, 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.
Last 5 Trading Sessions:
Penny stocks in the marijuana and eCig industries took a massive dump yesterday after the Growlife Inc. (PHOT) suspension by the SEC pissed on the parade. Seeing how VHUB stock reacts at the bell today after yesterday’s $1 million plus volume will be a chance to gauge whether or not to grab 2 shares for $1 or try to hold out and see if you can get 3 for $1. It’s not the financial health of Vapor Hub International in question, it’s how low of an offer will the VHUB stockholders be willing to accept.
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