|By Marketwired .||
|February 10, 2014 12:15 PM EST||
MIAMI, FL -- (Marketwired) -- 02/10/14 -- Vaporin, Inc. (OTCQB: VAPO), a manufacturer, distributor and marketer of electronic cigarettes, vaporizers and e-liquids used for the delivery of nicotine, non-nicotine and cannabis-based products, today announced the completion of its name change and has begun trading under the new stock symbol "VAPO."
Vaporin, Inc. has established multiple product lines including electronic cigarettes, vaporizers and e-liquids with a multi-pronged distribution model. Initially, the Company will be focused on the multi-billion electronic cigarette industry in an effort to become a leader in branding, marketing, and customer service. Growth will be fueled by leveraging multiple marketing channels through vending machines, retail outlets, wholesalers, distributors, online sites and brick and mortar locations. Additionally, the Company will be enacting viral and social marketing initiatives to drive demand and brand loyalty.
Vaporizing pens and e-liquids offer Vaporin diversification, a competitive advantage and a broader consumer base. The vaporizing pen has varying degrees of nicotine concentration and one hundred flavors attracting consumers of all experience and demand levels. This diversified product base approach is a key differentiator, as larger competitors in the electronic cigarette industry do not have a Vaporizer product line.
Scott Frohman, Chief Executive Officer of Vaporin, Inc., commented, "On behalf of the team at Vaporin, we are excited to complete our name and stock symbol change as we embark on the burgeoning industries of electronic cigarettes, vaporizers and e-liquids. While smokers are moving quickly towards electronic cigarettes, the industry is still in its infancy with the majority of consumers having yet to experience the product. We look forward to aggressively rolling out our various product lines as we strive to achieve several key milestones such as growing distribution, building our brand and enhancing revenue capability."
Name and Stock Symbol Change:
On January 16, 2014, the shareholders of Vaporin, Inc. (formerly known as Valor Gold Corp) (the "Company") approved by written consent an amendment to the Company's certificate of incorporation to change the Company's name from Valor Gold Corp. to Vaporin, Inc. On February 3, 2014, the Company filed the certificate of amendment to change its name from Valor Gold Corp. to Vaporin, Inc. with the Secretary of State of Delaware. Vaporin, Inc. began trading under the stock symbol "VAPO" on February 7, 2014.
About Vaporin, Inc.
Vaporin is a manufacturer, distributor and marketer of electronic cigarettes, vaporizers and e-liquids for the delivery of nicotine, non-nicotine and cannabis-based products. Vaporin offers an exciting new smoking alternative for the smokers. Vaporin Electronic Cigarettes resemble traditional cigarettes in look, taste and feel. It's easy to use, runs on a rechargeable battery and lights up automatically. Users inhale their desired amount of nicotine through the option of numerous delicious flavors. The thing that distinguishes Vaporin vs. traditional cigarettes is, each drag consists of smoke vapors, leaving no ash or butts behind. For more information please visit, www.vaporin.com.
Cautionary Note Regarding Forward Looking Statements
This press release contains forward-looking statements including statements regarding our future growth and enhancing revenue capability. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include competition, ineffective media and/or marketing, and failure to generate sufficient revenue. Further information on our risk factors is contained in our filings with the SEC, including the Form 8-K filed January 29, 2014. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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