Vapor Hub Finalizes AR Mod Distribution Agreement for Florida
SIMI VALLEY, CA--(Marketwired - Jun 5, 2014) - Vapor Hub International Inc. (OTCQB: VHUB) ("Vapor Hub" or "VHI" or the "Company") is pleased to announce that the Company has finalized its distribution agreement with IDIBIC, LLC, a Florida based e-cigarette and vaping supplier/distributor, which will exclusively distribute the Company's AR Mods in Florida.
The agreement has an initial term of one year and is subject to automatic renewal unless earlier terminated. Pursuant to the agreement, IDIBIC is required to make minimum monthly purchases orders of approximately $80,000 for Vapor Hub's AR mods.
"We are happy to have finalized our definitive agreement with IDIBIC," stated Justin Moreno, Vapor Hub's National Sales Manager. "We are confident that IDIBIC will represent Vapor Hub International and the AR Mod brand very well. It's especially good timing because of the expo this weekend!"
For more information go to www.vapor-hub.com and watch http://www.vapor-hub.com/ar-mod-distributor-florida/
About Vapor Hub International Inc. (VHI)
Founded in 2008, Vapor Hub Inc. is an established California-based company engaged in the development, production, and sales of electronic cigarette products, including high quality e-liquids, custom vaporizers, and unique personal vaporizer modifications. In addition, the Company operates the Vapor Hub Lounge in Simi Valley, California, where customers and potential customers can relax, try the complete line of Vapor Hub products, and receive world-class customer service.
For more information regarding VHI, visit www.vapor-hub.com.
Notice Regarding Forward-Looking Statements
This press release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to expectations of future sales of the Company's AR mods to IDIBIC.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, a decrease in the demand for our AR mods. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
