American Heritage International Inc. (OTCQB: AHII) stock volume continued to skyrocket Mar. 21, with 2,086,314 shares changing hands, more than eight times its three-month average volume of 255,203 shares.
It’s little wonder that the Las Vegas-based disposable e-cigarette maker’s stock volume continued to surge, considering the latest news from the company that demand has been so great for its products that it has temporarily sold out of stock.
Crushing Demand for Disposable eCigs
On Mar. 21, the company said it sold 20,800 'Sticks' before selling out and that it will receive its next shipment of 50,000 'Sticks' by the end of March. Moreover, due to increasing demand, it has placed a much larger order for 100,000 'Sticks' to be received in April.
"Our distributors are very excited about the demand for our American Heritage(TM) brand of premium disposable cigarettes," said American Heritage’s CEO Anthony Sarvucci.
American Heritage also announces it has received $500,000 pursuant to a non-brokered private placement.
Roll Out In 7-Elevens
This latest bit of good news comes only days after an announcement that American Heritage had secured product placement listings of its premium brand of disposable electronic cigarettes in a select number of 7-Eleven stores, in the state of Florida.
This is just another cog in a wheel of positive news spinning around the company. On Mar. 1, American Heritage announced that its product is now on the shelves in an additional 251 stores, bringing the number of stores in which customers can purchase the brand to more than 400.
American Heritage's Footprint Growing
Through these distributions, American Heritage has expanded its footprint in California, Florida, Texas, and New Mexico while entering new markets in New York and Oklahoma. Customers in these states should visit the American Heritage website, click on 'Stores', and enter their zip code to find the nearest location.
"In less than a week we have more than doubled our retail placement and broken through into the key state of New York. A number of large national retail outlets such as 7-11 are represented in our distribution portfolio and we are focused on nurturing an ongoing relationship with our retail partners," said CEO Sarvucci, in a written statement.
On Mar. 21, AHII's share price closed at $1.54, down 6 cents from the share price of $1.60 the previous day.
Find out what could be the best investor’s move when it comes to AHII by getting the complete report here, or by cutting and pasting the following link in your Web browser:
Minerco Resources Inc. Stock Volume Continues Upward Climb
In other news, Minerco Resources Inc. (OTCQB: MINE) share volume continued to skyrocket Mar. 21, with 287,782,942 shares changing hands, more than four times its three-month volume of 63,724,512 shares.
The Nashua, N.H.-based company stock volume started its upward trend Mar. 14 and has increase every day since.
Parent Company of Level 5
Minerco is the parent company of Level 5 Beverage Co., a specialty beverage company which develops, produces, markets and distributes a diversified portfolio of all-natural and highly functional brands.
The company has developed the LEVEL 5 and COFFEE BOOST brands and has acquired the exclusive worldwide rights to the VitaminFIZZ Brand. The products are currently available in Southern California and Arizona and online at Amazon.com.
While there has been no breaking news or press releases regarding the company of late, industry experts speculate that perhaps its COFFEE BOOST brands have been gaining some traction online, which would explain its sudden uptick in stock volume.
On Mar. 21, MINE’s share price closed at 3 cents, up 1 cent from its close of 2 cents the previous day.
Find out what could be the best investor’s move when it comes to MINE by getting the complete report here, or by cutting and pasting the following link in your Web browser:
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