A Florida-based micro cap just announced it received an issue notification on U.S. Utility Patent # 10,948,187 Titled: Inverting Pocket Lighters. Shares of VPR Brands, LP (OTCPK:VPRB) were trading higher following the news. The company owns intellectual property which is one of the original patents filed for electronic cigarette technology, and has recently received a utility patent for its new inverted lighter.
VPR Brands LP is engaged in the business of design, market, and distribution of electronic cigarette, personal vaporizer, and electronic cigarette e liquids. The company markets and sells its products under Helium, Honeystick, Crave, Vaporin and Vaporx brand names. The firm has a portfolio of patents including an electronic cigarette, electronic cigar, and personal vaporizer.
Traders couldn’t grab shares fast enough as the stock was bought up to an early session high of $0.076/share (+83.57%) following the news. This move is a breath of fresh air for long term investors who have been holding since the 52-week high of $0.25/share.
