|By Marketwired .||
|June 18, 2014 06:00 AM EDT||
SIMI VALLEY, CA -- (Marketwired) -- 06/18/14 -- Vapor Hub International Inc. (OTCQB: VHUB) ("Vapor Hub" or "VHI" or the "Company") is proud to announce that its release of its custom engineered battery, revealed in Miami at the World Vapor Expo and in Las Vegas at the Vape Summit, has sold out. Two thousand units of The Vamped Vapor Cell 40 amp 18650 batteries were sold at the expos at an average price of approximately $7.00USD per unit. The Vamped Vapor Cell was well accepted by the community and the vapor stores represented at the shows.
"I was tired of placing orders in China, with a broker, for popular batteries and having to wait 3-6 weeks to get my order because they were sold out, yet took my money anyway. I wanted to create a superior battery that was readily available to vapor stores worldwide," stated Kyle Winther, COO of Vapor Hub.
"Vapor Hub decided to source and manufacture quality batteries to address market demand for a readily available supply. Typically, orders coming from China take 3-6 weeks on backorder and limited quantities are available for purchase," stated Winther. "We decided to go straight to the manufacturer and develop our own cell that is one of the most powerful 18650 batteries available in the world," Winther concluded.
"The Vamped Vapor Cell battery is custom engineered to provide a level of amperage that is desired by consumers," stated Justin Moreno, Director of Sales. Added Justin, "Since Vapor Hub sources directly from the manufacturer, our current available capacity is 120,000 batteries per month. We plan to distribute our batteries worldwide and also plan to fill orders on the same day they are placed for the benefit of our customers."
"This is another example of how Vapor Hub International solves an industry wide problem with their creative minds and innovation," stated Andrew Birnbaum, Vapor Hub's CEO.
About Vapor Hub International Inc. (VHI)
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 vaporizers, and unique personal vaporizer modifications. In addition, the Company operates the Vapor Hub Lounge in Simi Valley, California, where customers and potential customers can relax, try the complete line of Vapor Hub products, and receive world-class customer service.
For more information regarding VHI, visit www.vapor-hub.com.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements," as that term is 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, including, but not limited to, expectations of future sales of its Vamped Vapor Cells.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, unanticipated problems associated with obtaining an adequate supply of batteries for resale and/or a lack of market demand for the Company's batteries. These forward-looking statements are made as of the date of this news 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 beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions 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.