vapor corp (VPCO) Key Developments
Vapor Corp. Presents at Aegis Capital Corp 2015 Growth Conference, Oct-08-2015 01:00 PM
Sep 24 15
Vapor Corp. Presents at Aegis Capital Corp 2015 Growth Conference, Oct-08-2015 01:00 PM. Venue: The Encore at Wynn, 3131 S Las Vegas Blvd, Las Vegas, NV 89109, United States. Speakers: Jeffrey Elliot Holman, Chairman of the Board and Chief Executive Officer.
Vapor Corp. Receives Non-Compliance Notice From NASDAQ
Sep 18 15
On September 14, 2015, Vapor Corp. received a deficiency letter from the Nasdaq Listing Qualifications department notifying the Company that for the last 30 consecutive business days the Company’s common stock had closed below the minimum $1.00 per share bid price requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or until March 12, 2016, to regain compliance with the bid price requirement. If, at any time before March 12, 2016, the closing bid price for the Company’s common stock is $1.00 or more for a minimum of 10 consecutive business days, the Staff will provide written notification to the Company that it has regained compliance with the bid price requirement. If the Company does not regain compliance with the bid price requirement by March 12, 2016, the Company may be eligible for an additional 180 calendar day compliance period provided that it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards, with the exception of the bid price requirement, and provides the Staff with written notice of its intention to cure the deficiency. If the Company does not regain compliance by March 12, 2016 or the termination of any subsequent compliance period, if applicable, the Staff will provide written notification to the Company that its common stock may be delisted.
Vapor Corp. Announces Executive Changes
Sep 16 15
Effective September 15, 2015, Vapor Corp. appointed Gina Hicks as its Chief Financial Officer. On September 10, 2015, the board of directors approved the decision to replace Mr. James Martin, the company's former Chief Financial Officer, with Ms. Hicks. From July 2014 until October 2014, Ms. Hicks served as HRAH's reorganization consultant.
Vapor Corp. Opens New "The Vape Store" in Orlando, Fla
Aug 19 15
Vapor Corp. announced that the company will open its 12th "The Vape Store" location, this time in Orlando, Fla., on Aug. 24, 2015. This effort is in response to the growing consumer demand for vaping products across the country and in recognition of the shift in consumer preference to purchase these items in vape-dedicated stores. The addition of this new 1,200-square-foot retail plaza store, located at 3120 S. Kirkman Rd., follows Vapor Corp.'s expansion strategy of "The Vape Store" retail chain. Customers over the local legal smoking age can create and sample personalized blends of e-liquids with expert mixologists, sample products in the store's vaping lounge and even participate in interactive vape "cloud competitions." The company chose Orlando /MetroWest as a store destination due to the large existing vaping community and ability to replicate the success of its other stores surrounding the Orlando area.
Vapor Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2015
Aug 17 15
Vapor Corp. reported earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported sales, net of $3,011,303 against $1,468,621 reported previous quarter. Net loss was $4,753,255 against $3,981,196 reported previous quarter. Adjusted LBITDA was $1,496,461 against $2,763,564 reported previous quarter.