Spotted Today: Vaporin Inc (OTCBB:VAPO), The Wendy’s Co (NASDAQ:WEN), Soul and Vibe Interactive Inc (OTCBB:SOUL)

Lisa Ray - April 2, 2014

Boston, MA 04/02/2014 (wallstreetpr) – The fast-growing business of electronic cigarettes is already have its positive impact on Vaporin Inc (OTCBB:VAPO). And the company is not ready to watch opportunities slip away from its fingers. Thus, it recently sought to raise funds for its various investment and operation activities. The company chose issuance of common stock shares in a private placement in amount of $2.4 million. According to the top executive Scott Frohman, VAPO is pleased that new investors still believe in their brand and business plan. That being said, the CEO stated that what remains was for the company to put the funds raised through the new investors into good use. And that good use involves meeting product orders, pushing ahead with national distribution, financing of merger and acquisitions, moreover, the funds will enable the company to achieve speedy implementation of marketing plans so as to generate increasing revenue going forward. Vaporin Inc (OTCBB:VAPO) provides electronic cigarettes, e-liquid, vaporizers and related products.

In aligning with the market realities, The Wendy’s Co (NASDAQ:WEN) which is grappling with competition and high costs and expenses decided to undertake system optimization. The initiated was recently eventually declared complete and successful, thus putting the company ahead of its vision. The company is basically keen on having restaurants in strategic market regions while exiting places which make little business sense. And in so doing, the management believes that shareholder value will be greatly enhanced. The optimization efforts also boosted The Wendy’s Co (NASDAQ:WEN)’s brand transformation steps, and should lead to breakthrough new products, delivered through innovative marketing channels to customers.

If there is something that will keep investors asking more of Soul and Vibe Interactive Inc (OTCBB:SOUL), it is the success of its new game Timeless Gems. The company announced that the game which launched on Facebook Inc (NASDAQ:FB) in February has exceeded 70,000 downloads. That suggested that the new number of downloads outstripped the March 17, data more than three times. SOUL launched the game on Google Play on March 19 and Apple Stores on March 12. The company offers very popular video, mobile and desktop games. Its breakthrough releases and loyal fans are the reasons the company is better placed for better business going forward.

Lisa Ray

Lisa has a Bachelor of Arts in journalism from Purdue University and 3 years of experience in the publishing field.

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