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VMR, the maker of industry-leading vapor brands V2, V2 Pro, Vapour 2, and Prohibited, wants to offer you, our valued customers, the opportunity to become owners of VMR through a new type of Initial Public Offering (IPO) called a REG A offering (the “Reg A Offering”).
VMR is planning to file a Form 1A with the SEC, and seek approval to sell shares to our valued customer base before the close of 2017. We will likely run this Reg A Offering for a 6 to 12 month period. Upon completion, VMR plans to up-list its shares onto a major US exchange (e.g., NASDAQ or NYSE) which will provide liquidity for our investors. Our goal is to up-list in 2018 and we are currently evaluating which exchange would be ideal for VMR.
Over the past decade, VMR has grown from a two-employee startup, operating out of a small Miami apartment, into a global powerhouse with over 200,000 square feet of operations. Our strength lies in the amazing team we have assembled. Our management team is the strongest in the industry. We employ over 150 full-time staff, and our dedicated factory operations are more than 700 workers strong. VMR’s proprietary products are designed completely in-house, representing more than 30 patents. The company’s world headquarters is still in Miami Florida, but we now have operations in the UK, Ecuador, Czech Republic, and China. Our retail websites, including V2.com, ship over 1,000 orders every single day.
Over the last 5 years, Big Tobacco has entered the vapor category by leveraging its vast resources to control the industry we pioneered with your support. VMR is proud to say, “We are NOT affiliated with Big Tobacco. Our company is driven by innovation, not preservation!” We believe in a future where combustible cigarettes are something you will only find in the history books. The vapor industry is expected to grow exponentially over the coming years, with some public reports estimating the industry will generate in excess of $44 Billion by the year 2024. VMR is uniquely positioned to capitalize on this growth.
We thrive on your feedback and want to involve you in our decision making process. Over the last 9 years, you—our dedicated V2 customers—have helped VMR become the nation’s largest online retailer of vapor products. Depending upon your feedback, we will decide if we want to go down this road and welcome our customers to become shareholders and have a stake in our ongoing success. We believe we have built the best company in the vapor industry, and we could not have done it without your ongoing support.
We Thank You,Jan A.Verleur, CEO & Co-Founder