SIMI VALLEY, Calif.,
June 22, 2015 /PRNewswire/
-- Vapor Hub International Inc. (OTC: VHUB)
(www.vapor-hub.com) said today that an industry report by Wells
Fargo Securities Senior Analyst Bonnie
Herzog unveiled at the recent Vapor Expo International
conference indicated that "the future potential of vapor is vast"
and that "vapor consumption could surpass combustible cigarettes in
10 years."
"Our Company is on the cutting edge in producing products that
the vapor sector demands," said Kyle
Winther, Vapor Hub CEO. "This report strengthens our
feeling that we are in the right industry, at the correct time and
with a great product mix."
The Wells Fargo report indicated that vapor industry profit
margins could approach combustible cigarette margins of
approximately 39 percent by 2018. "Vapor is revolutionizing the
Tobacco Industry, in our view," the analyst said. According
to the report, vapor retail sales in the U.S. are expected to hit
$3.5 billion in 2015 and could
eclipse $10 billion by 2018.
The report also projected that the global market for vapor products
is expected to top $7 billion this
year. Ms. Herzog stressed that vaping is substantially more
affordable than combustible cigarettes and rechargeable
e-cigarettes and that the vaping "lifestyle" is "attractive."
About Vapor Hub International Inc.
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 mechanical mod
e-cigarettes, and unique personal modifications. For more
information regarding the Company, visit
http://www.vapor-hub.com.
Forward-Looking Statements
This press release contains "forward-looking statements" as
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.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. 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 statements contained in this press
release are reasonable, there can be no assurance that such
statements 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.
Contact
Paul Knopick
E & E Communications
940.262.3584
pknopick@eandecommunications.com
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SOURCE Vapor Hub International Inc.