Vapor Corp. (OTCQB: VPCO) saw its share volume soar on May 8th with 244,102 shares exchanging hands, more than double the three month daily average of 104,997 shares.
This uptick in volume comes after that company announced it plans to release its financial and operating results for the first quarter ended March 31, 2014 on Thursday, May 15, 2014, after the markets close.
Vapor Corp. is a leading U.S. based electronic cigarette company, whose brands include Fifty-One(R), Krave(R), VaporX(R), EZ Smoker(R), Alternacig(R), Green Puffer(R), Americig(R), Fumare(TM), Hookah Stix(R) and Smoke Star(R). We also design and develop private label brands for some of our distribution customers. "Electronic cigarettes" or "e-cigarettes," are battery-powered products that enable users to inhale nicotine vapor without smoke, tar, ash or carbon monoxide. Vapor's electronic cigarettes and accessories are available online, through direct response to our television advertisements and through retail locations throughout the United States.
VPCO closed at $4.40 on May 8th, 13.53% lower than its previous close of $5.0882.
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Vape Holdings Share Volume Stays Steady
Vape Holdings, Inc. (OTCQB: VAPE) saw its share volume remain steady on May 8th with 317,688 shares exchanging hands, slightly higher than its three month daily average volume of 295,166 shares.
Vape Holdings recently announced it had over $100,000 in sales of its proprietary HIVE Ceramic line in April, and $250,000 in future sales as they awat arrival of the ceramics from the Company’s manufacturing facility.
"I am very pleased by the early acceptance of the premium HIVE Ceramic line, especially because the majority of the purchases were made by the most informed buyers in the marketplace, those who know what is being sold nationwide," stated Kyle Tracey, CEO, Vape Holdings, Inc. "It's evident from the overwhelming response at the Cannabis Cup this past weekend that the HIVE Ceramic line, which has now expanded to 14 designs, is becoming a popular choice for consumers."
VAPE closed at $2.06, 16.16% lowe than its previous close of $3.65.
Fusion Pharm Sees Downturn In Volume
Fusion Pharm, Inc. (OTCPINK: FSPM) saw its share volume plummet on May 8th with 152,184 shares exchanging hands, significantly lower than its three month daily average volume of 352,637.
With no recent news, let’s focus on what we do know about the company:
FusionPharm, Inc. was organized to capitalize on opportunities present in the rapidly growing vertical farming and cannabis industries. FusionPharm's primary focus is the development and deployment of the patent pending PharmPods(TM) advanced hydroponic commercial cultivation systems. PharmPods are constructed from standard ISO steel shipping containers that are repurposed for use in indoor controlled environment agriculture. Modular, stackable, cost competitive and financeable, PharmPods have become the industry leader for professional, commercial scale indoor plant cultivation.
FSPM closed at $2.32, 12.45% lower than its previous close of $2.65.
mCig Inc. Sees Continued Share Volume Decrease
mCig, Inc. (OTCQB: MCIG) saw its share volume continue to go down on May 8th with 1,678,025 shares exchanging hands, down from its three month daily average volume of 4,884,554 shares.
mCig, Inc. is a technology company focused on two long-term secular trends sweeping the globe: The decriminalization and legalization of marijuana for medicinal or recreational purposes and the adoption of electronic vaporizing cigarettes (commonly known as "eCigs") by the world's 1.2 Billion smokers. The company manufactures and retails the mCig -- the world's most affordable vaporizer priced at only $10. Designed in the USA -- the mCig provides a superior smoking experience by heating plant material, waxes, and oils delivering a smoother inhalation experience. The company also owns Vapolution, Inc., which manufactures and retails home-use vaporizers such as the Vapolution 2.0. Through its wholly owned subsidiary, VitaCig, Inc. the company manufactures and retails the VitaCig, a $2 nicotine-free eCig that delivers a water-vapor mixed with vitamins and organic flavors. Through its wholly owned subsidiary, LiqCig, Inc. the company is engaged in the development of the world's first pre-packaged alcoholic eCig.
Wells Fargo analyst Bonnie Herzog estimates that eCig sales may rise from $1 Billion in 2013 to $10 billion over the next three years.
MCIG closed at $.42, 7.18% down from its previous close of $.4525.
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