Vapor Group, Inc. Enters Into Letter of Intent For Change of Control

MIAMI, Feb. 11, 2019 /PRNewswire/ — Vapor Group, Inc. (OTC:VPOR), (“Company” or “Vapor Group”), announced today that it had entered into a “Letter of Intent” (the “LOI”) to undergo a change of control and change of its business focus.

Under the terms of LOI upon “closing” of the transaction, Yaron Elkayam, the CEO and principal shareholder of White Label Liquid, Inc., Daytona Beach, Florida (OTC:WLAB) will assume majority shareholder control of the Company, install a new board of directors and new management team, restructure the Company’s operations and execute a new business plan.  As a result, upon closing, which should occur rapidly, Yaniv Nahon, current President, will immediately depart the Company, as …

Full story available on Benzinga.com

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