Vaporbrands Intl Inc Stock Price, News & Analysis

VaporBrands International (OTC PINK:VAPR) has announced its new electric sportscar, the E-CGT, currently in development. This two-seat vehicle features a modern design reminiscent of classic cars from the late 60s and early 70s, with an innovative removable hardtop. The E-CGT will have both an entry-level fiberglass model and a higher-performance variant with a carbon fiber body. E-Cite aims to deliver production vehicles in less than 12 months, leveraging the Low Volume Vehicle Manufacturers Act of 2015, enabling faster market entry without traditional safety certification costs.

VaporBrands International, operating as E-Cite Motors Group (OTC PINK:VAPR), has applied for a World Manufacturers Identifier from SAE International. This identifier is crucial for obtaining a Vehicle Identification Number (VIN) for their new electric vehicles. E-Cite plans to deliver its first production vehicles for the 2023 model year, significantly faster than traditional manufacturers due to exemptions under the Low Volume Vehicle Manufacturers Act of 2015. The company aims to produce a range of vehicles, including high-performance models.

VaporBrands International, Inc. (OTC PINK:VAPR) announced a buyback of 5,000,000 shares related to the acquisition of the Oasis Spectrum Brand. The CEO returned an equivalent number of shares without compensation, leading to a reduction in outstanding shares from 337,182,654 to 327,182,654. This move aims to minimize dilution and enhance shareholder value. E-Cite Motors, a subsidiary, plans to deliver production vehicles for the 2023 model year, benefiting from the Low Volume Vehicle Manufacturers Act that facilitates faster market entry and reduced regulatory burdens.

VaporBrands International, Inc. (OTC PINK:VAPR) was featured in an article by EV Auto Insider, recognized as an AMAZING EV investment. The article contrasts its offerings with those of Tesla, highlighting investment pitfalls. E-Cite Motors, a subsidiary of VAPR, is noted for its innovative electric vehicles, distancing itself from categorization as 'Kit Cars'. The company has made significant moves, including acquiring 100% of E-Cite Motors, Acclaimed Automotive, and N2A Motors, enhancing its manufacturing capabilities in the electric vehicle sector.

VaporBrands International, Inc. (OTC PINK:VAPR) has achieved the 'Current Information' Pink tier designation from OTC Markets Group after submitting required financial disclosures and an attorney letter. This tier reflects the company's compliance with OTC reporting standards. VAPR also submitted a Change of Control application. The company plans to change its name and stock symbol to better align with its business focus. E-Cite Motors, a recent acquisition, is set to launch electric vehicles under the Low Volume Vehicle Manufacturers Act, significantly reducing the time needed to market new production vehicles.

VaporBrands International, Inc. (OTC PINK:VAPR) has completed development of its modular chassis for electric vehicles, marking a significant advancement in its manufacturing capabilities. The chassis, designed for various vehicle configurations, allows for speeds exceeding 250 mph. COO Gene Langmesser stated that this transition from design to physical assembly enables the company to aim for production vehicles by the 2023 model year, leveraging the Low Volume Vehicle Manufacturers Act of 2015 for regulatory advantages. The fully modular design positions E-Cite Motors for diverse market offerings.

VaporBrands International (OTC PINK: VAPR) has commenced construction on its first electric vehicle chassis, Chassis No. 001, in Bothell, WA. This modular chassis allows for various configurations, supporting speeds over 250 mph and featuring advanced mechanical systems. COO Gene Langmesser highlighted the shift from design to production, aiming to deliver vehicles by the 2023 model year, significantly faster than traditional auto manufacturers. E-Cite Motors benefits from the Low Volume Vehicle Manufacturers Act, easing regulatory burdens, which could enable rapid market entry for new electric vehicles.

VaporBrands International, Inc. (OTC PINK:VAPR) dba E-Cite Motors Group has released a video interview featuring COO Gene Langmesser, addressing shareholder inquiries. The interview discusses E-Cite's competitive edge in the electric vehicle market, upcoming vehicle types, and potential name/symbol changes. Langmesser emphasized that E-Cite vehicles are fully engineered and state-of-the-art, distinct from 'Kit Cars.' E-Cite's modular design leverages the Low Volume Vehicle Manufacturers Act, allowing faster vehicle production timelines, with initial deliveries aimed for the 2023 model year—less than 12 months after inception.

VaporBrands International, Inc. (OTC PINK: VAPR) has released a shareholder letter addressing key inquiries not covered in a recent video interview with COO Gene Langmesser. The letter discusses important topics concerning the company’s capital structure, potential name and trading symbol changes, and other financial matters. This content aims to enhance shareholder transparency and engagement. The company, based in Bothell, is focused on manufacturing innovative electric vehicles and has recently acquired full ownership of several automotive brands.