Innovative technology holding company VPR Brands (OTCQB: VPRB) this morning announced that
it intends to create and execute a monetization and infringement enforcement
plan for the company’s electronic cigarette utility patent US 8205622.
According to the update, VPR Brands is conducting an investigation to determine
whether its intellectual property is being infringed, as well as exploring
legal options and strategies related to prosecuting infringers and pursuing
available remedies. “The surge of the vaping category for nicotine, cannabis
and CBD in the last few years has reached billions of dollars in sales. That
has created opportunities for our patented auto-draw technology, which we
believe is now preferred by many, if not most consumers for pod systems and
cigalikes,” VPR Brands CEO Kevin Frija said in the news release. “We believe
this is an opportune time to consider licensing, enforcement or potentially a
sale of our intellectual property to one of the larger players in the space who
may then be in a better position to snub out many of the counterfeit or black
market vapes.”
To view the full press release, visit http://ibn.fm/yMbaK
About VPR Brands LP
VPR Brands is a technology company whose assets include
issued U.S. and Chinese patents for atomization-related products including
technology for medical-marijuana vaporizers and electronic-cigarette products
and components. The company is also engaged in product development for the
vapor or vaping market including e-liquids. Vaporizers and electronic cigarettes,
also known as e-cigarettes, are devices that deliver nicotine and/or cannabis
through atomization or vaping without smoke and other chemical constituents
typically found in traditional products. For more information, visit the
company’s website at www.VPRBrands.com.
NOTE TO INVESTORS: The latest news and updates
relating to VPRB are available in the company’s newsroom at http://ibn.fm/VPRB
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide
a rapid summary of corporate news that catch the attention of QualityStocks.
QualityStocksBreaks are designed to keep investors up to date on important and
breaking news in the small-cap and micro-cap markets. Spanning all industries,
including energy, entertainment, telecommunications, healthcare, retail and
more, these news breaks deliver opportunities the investment community may have
missed. Whether it is earnings results, mergers and acquisitions, or any other
market-moving news, our news breaks keep you in the know. QualityStocks is
committed to connecting subscribers with companies that have huge potential to
succeed in the short and long-term future. It is part of our mission statement
to help the investment community discover emerging companies that offer
excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the
QualityStocks website applicable to all content provided by QS, wherever
published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment