SF Holdings LLC acquired an unknown majority stake in Vapor Group, Inc. from Dror Svorai.
August 15, 2017
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SF Holdings LLC acquired an unknown majority stake in Vapor Group, Inc. (OTCPK:VPOR) from Dror Svorai on July 20, 2017. Under the terms of the transaction, Dror Svorai sold 100% of his Series A preferred stock. Concomitantly, on July 20, 2017, Dror Svorai (former Chief Executive Officer and President of Vapour Group) resigned as an officer and director of Vapor Group, while Jorge Schcolnik, Chief Financial Officer of the company was named a member of the Board of Directors of the company and corporate Secretary.
SF Holdings LLC completed the acquisition of an unknown majority stake in Vapor Group, Inc. (OTCPK:VPOR) from Dror Svorai on July 20, 2017.
Vapor Group, Inc. is a holding company. The Company operates through its wholly owned subsidiary, VPOR, Inc., a bulk wholesaler of high quality, raw hemp-derived cannabidiol (CBD) in a range of forms that are sold to various manufacturers and distributors nationwide. Its CBD product line consists of full-spectrum CBD oil, crystalline CBD isolate, nano full-spectrum CBD oil and powder. It designs, manufactures and markets vaporizers and electronic e-cigarette brands and custom-formulated high-purity e-liquids. Through its wholly owned subsidiary, Simple Cork, Inc., www.simplecork.com, the Company has developed a new multi-nationally patented combination wine bottle cork/opener. Its products are sold under the Vapor Group, Total Vapor, Vapor 123 and Vapor Products brands. It also intends to acquire and develop a portfolio of proprietary products and services to market, license and sell globally.