WOODLAND HILLS, Calif., March 27, 2014 — Vape Holdings, Inc. (OTCQB: VAPE) (the “Company”), a holding company functioning within the legal cannabis industry, is pleased to announce that industry veteran Joe Andreae has accepted the position of President of Vape Holdings, Inc. and will join the Company’s Board of Directors, effective immediately.
Andreae has significant experience in the legal cannabis industry, having been involved in Alternative Medicine for most of his life, participating in cooperatives and collectives, and also as a national sales manager for an OEM LED horticultural light manufacturer where he was integral in the rapid growth of that business. Andreae maintains strong and current relationships in the industry in which Vape is situated due to these past successes.
“I am elated to have my respected colleague Joe Andreae join my team at Vape Holdings,” added Tracey. “We are assembling a core leadership of dynamic and varied industry veterans whom I expect will both expedite and officiate Vape’s acceptance in this growing opportunity. I firmly believe that Mr. Andreae has the dynamism, relationships and practical expertise that I need in our President.”
“On the heels of Monday’s announced acquisition of HIVE Ceramics, Joe will immediately begin pursuing bulk sales orders with parties interested in our state of the art vapor delivery system,” Tracey added.
“I am pleased to participate in the exciting opportunity that I see in Vape Holdings,” stated Andreae. “It is most satisfying to blend my passion with vocation and to be a part of something that matters. I will do my absolute best to deliver results and long term value for the shareholders of this Company, specifically through the establishment of a valuable set of concentrate standards.”
For more information on Vape Holdings, please visit: VapeHoldings.com
From time to time, Vape Holdings will provide market updates and news via its website https://vapeholdings.com/ or the Company’s Facebook page at http://on.fb.me/1d5c7iO
Cautionary Language Concerning Forward-Looking Statements
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Vape Holdings’ products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Vape Holdings’ filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Vape Holdings please refer to the Company’s Securities and Exchange Commission filings, which are available at www.sec.gov. Vape Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Vape Holdings, Inc.