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    VPRB   US91831H1068

VPR BRANDS, LP

(VPRB)
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VPR Brands, LP Issues a Promissory Note in the Principal Amount of $100,001

07/13/2021 | 04:13pm EDT

On July 12, 2021, VPR Brands, LP issued a promissory note in the principal amount of $100,001 (the “July 2021 Note”) to Kevin Frija, who is the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant stockholder of the Company. The principal amount due under the July 2021 Note bears interest at the rate of 24% per annum, and the July 2021 Note permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on July 12, 2022. The July 2021 Note is unsecured.


© S&P Capital IQ 2021
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Financials (USD)
Sales 2020 3,97 M - -
Net income 2020 -0,56 M - -
Net Debt 2020 2,72 M - -
P/E ratio 2020 -2,41x
Yield 2020 -
Capitalization 4,30 M 4,30 M -
EV / Sales 2019 1,18x
EV / Sales 2020 1,03x
Nbr of Employees 12
Free-Float 65,0%
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Managers and Directors
Kevin Frija Chairman, President & Chief Executive Officer
Daniel Hoff Chief Operating Officer
Guo Cheng Pan Director
Gary Rep Senior Sales Executive
Merina Meana Social Media & Marketing Specialist
Sector and Competitors