Vapor Corp. Reports Second Quarter 2013 Results
Approval Costs Godshall agrees with a ruling in January by U.S. District Court Judge Richard Leon that the FDA should regulate the devices under a 2009 tobacco law which doesnt require safety and efficacy trials for cigarettes. The FDA won a delay of Leons decision in February while awaiting a ruling from the U.S.
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Net (loss) for the quarter ended June 30, 2013 and 2012 was $54,650 and $193,735, respectively, as a result of the items discussed above. Kevin Frija, Chief Executive Officer of Vapor Corp, commented, “During the second quarter of 2013 we continued expansion of our soft flex tip filters and Krave product Line. We introduced the rechargeable Krave King and demand for our products continued to grow. At the end of the second quarter we had unfilled order of approximately $1.5 million from wholesale and distributor customers.” Looking ahead, Mr. Frija stated, “Consumer demand for our products remains strong and interest in our diverse line of products is growing. We remain committed to investing in the growth of the company and its brands as well as gaining greater brand awareness among the vaping community and investors.
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Electronic Cigarette War: Vapor Shark Sues Vapor Hog
a pig, boar, or other variety of swine” and alleges that the logos, color schemes, and store layouts are all copycatted. Vapor Shark says that Vapor Hog has had the gall to leave fliers on cars parked at Vapor Shark and that Vapor Hog’s minions go online to Yelp and other sites and falsely allege that Vapor Shark uses e-liquid from China. Vapor Shark counters that it’s the Hog that gets its e-juice from China.
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Study: E-Cig Vapor ‘Less Injurious’ Than Cigarette Smoke
“The results of this study support the proposition that the vapor from e-cigarettes is less injurious than the smoke from cigarettes,” wrote the report’s lead author, Maciej L. Goniewicz of the Buffalo, N.Y.-based Roswell Park Cancer Institute. ‘Thus one would expect that if a person switched from conventional cigarettes to e-cigarettes the exposure to toxic chemicals and related adverse health effects would be reduced.” Goniewicz and his fellow scientists analyzed levels of selected carbonyl compounds, volatile organic compounds, tobacco-specific nitrosamines and http://www.23hq.com/rogelioyxoj/story/12601135 metals found in the vapor of 12 different e-cigarette brands, comparing the results to the levels found in both tobacco cigarettes and in a medicinal nicotine inhaler. The report found that “levels of selected toxic compounds found in the smoke from a conventional cigarette were 9-450-fold higher than levels in the vapor of an e-cigarette. Exposure to acrolein, an oxidant and respiratory irritant thought to be a major contributor to cardiovascular disease from smoking, is 15 times lower on average in e-cigarette vapor compared with cigarette smoke.
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