DANIA BEACH, Fla., Feb. 12, 2016
/PRNewswire/ -- Vapor Corp. (NASDAQ CM:VPCO) (the "Company"), a
leading U.S.-based distributor and retailer of vaporizers,
e-liquids, e-cigarettes and e-hookahs, was notified by Nasdaq on
the afternoon of February 11, 2016
that trading of the Company's common stock would be halted.
The trading halt related to the trading volume and share
price of the Company's common stock. Nasdaq has not indicated
to the Company when trading of the Company's common stock would
resume. The Company's board of directors is reviewing its
options and the Company will continue to make efforts to return its
common stock to normal trading status on this exchange or another
trading market as quickly as possible. Holders of the
Company's Series A Convertible Preferred Stock and Series A
Warrants should contact their brokers or the Company with respect
to their conversion and exercise options.
About Vapor Corp.
Vapor Corp., a Nasdaq company, is a U.S. based distributor and
retailer of vaporizers, e-liquids and electronic cigarettes. It
recently acquired the retail store chain "The Vape Store" as part
of a merger with Vaporin, Inc. The Company's innovative technology
enables users to inhale nicotine vapor without smoke, tar, ash or
carbon monoxide. Vapor Corp. has a streamlined supply chain,
marketing strategies and wide distribution capabilities to deliver
its products. The Company's brands include VaporX®, Krave®, Hookah
Stix® and Vaporin™ and are distributed to retail stores throughout
the U.S. and Canada. The Company
sells direct to consumer via e-commerce and Company-owned
brick-and-mortar retail locations operating under "The Vape Store"
brand.
Safe Harbor Statement
Safe Harbor Statements under the Private Securities Litigation
Reform Act of 1995: The Material contained in this press release
may include statements that are not historical facts and are
considered "forward-looking" statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements reflect Vapor Corp.'s current views
about future events, financial performances, and project
development. These "forward-looking" statements are identified by
the use of terms and phrases such as "will," "believe," "expect,"
"plan," "anticipate," and similar expressions identifying
forward-looking statements. Investors should not rely on
forward-looking statements because they are subject to a variety of
risks, uncertainties, and other factors that could cause actual
results to differ materially from Vapor's expectations. These risk
factors include, but are not limited to, the risks and
uncertainties identified by Vapor Corp. under the headings "Risk
Factors" in its latest Annual Report on Form 10-K. These factors
are elaborated upon and other factors may be disclosed from time to
time in Vapor Corp.'s filings with the Securities and Exchange
Commission. Vapor Corp. expressly does not undertake any duty to
update forward-looking statements.
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SOURCE Vapor Corp.