UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest event Reported):
June 30, 2015
VAPIR ENTERPRISES, INC.
(Exact name of registrant as specified in its
charter)
| Nevada |
|
333-185083 |
|
27-1517938 |
|
(State or other jurisdiction of
incorporation or organization) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
2365 Paragon Dr., Suite B
San Jose, California 95131
(Address of principal executive offices)
(800) 841-1022
(Registrant’s telephone number, including
area code)
(Former name of former address, if changed since last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
(see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Adam Kotkin
On June 30, 2015, Adam Kotkin resigned from
his position as a member of the Board of Directors of Vapir Enterprises, Inc. (the “Company”). Mr. Kotkin did not resign
as the result of any disagreement with the Company on any matter relating to its operation, policies (including accounting or financial
policies), or practices.
On July 2, 2015, the Board of Directors of
the Company accepted the resignation of Mr. Kotkin and contemporaneously appointed Robert Duncan as a member of the Board.
Mr. Duncan has over 25 years executive engineering and
operations experience providing expertise in engineering product development, engineering process, NPI, and offshore
development. His previous positions include VP of Operations for a desktop virtualization company, CTO and
VP of Engineering for an alternative energy/hydrogen fuel cell company, VP of Engineering at a server
based computing company, and Executive VP of the commercial Business unit at a global contract manufacturer;
Mr. Duncan has been responsible for establishing engineering organizations at startups
and running organizations inside established Fortune 500 companies. He is an experienced system architect
having run global software and hardware design teams for the development of consumer, medical,
and military products. Products developed include computer systems, hydrogen fuel cells, medical scanners,
and embedded architecture applications. He holds several patents and received a B.S. in Physics from San
Jose State University.
Director Agreements
The Company has not entered into a Director
Agreement with Mr. Duncan at this time but hopes to finalize one in the future.
Family Relationships
No family relationship has ever existed between
Mr. Duncan and any director, executive officer of the Company or any person contemplated to become such.
Related Party Transactions
There are no related party transactions reportable
under Item 5.02 of Form 8-K and Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On July 7, 2015, the Company issued
a press release entitled “Vapir Appoints Experienced Engineering Executive to Board.” A copy of the press release is
furnished herewith as Exhibit 99.1.
| Item 9.01 |
Financial Statements and Exhibits. |
| Exhibit No. |
|
Description |
| 99.1 |
|
Vapir Appoints Experienced Engineering Executive to Board |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 7, 2015
| |
VAPIR ENTERPRISES, INC. |
| |
|
|
| |
By: |
/s/ Hamid Emarlou |
| |
|
Hamid Emarlou
Chief Executive Officer |
3
Exhibit 99.1
Vapir
Appoints Experienced Engineering Executive to Board
SAN
JOSE, CA – July 7, 2015 – Vapir Enterprises, Inc. (OTCQB: VAPI) (www.vapir.com)
(“Vapir” or the “Company”), a developer and manufacturer of revolutionary, state-of-the-art, and user
friendly medical-grade vaporization devices, appointed Robert Duncan to its board of directors.
Duncan
brings over 25 years of executive engineering and operations experience to Vapir, including expertise in product development and
engineering processes. Duncan’s previous positions include VP of Operations for a desktop virtualization company; CTO
and VP of Engineering for an alternative energy/hydrogen fuel cell company; VP of Engineering at a server-based
computing company; and Executive VP of the commercial business unit at a global contract manufacturer. His experience
spans both startups and Fortune 500 companies, where he has led the development of consumer, medical, and military products. Duncan
holds several patents and received a B.S. in Physics from San Jose State University.
“We’re
very pleased to welcome Robert to our board,” stated Hamid Emarlou, Chairman and CEO of Vapir. “He brings a wealth
of experience to our team that will prove invaluable as we move forward on our growth plans in the coming quarters, including
the launch of our newest Prima portable vaporizer.”
About
Vapir Enterprises
Vapir
Enterprises invents, develops, and manufactures revolutionary, state-of-the-art and user friendly medical-grade vaporization devices.
In utilizing its various issued and pending patents, the Company’s vaporizers extract active ingredients from source material
by a unique and proprietary process, delivering high quality natural vapor for the best user experience. Vapir has sold hundreds
of thousands of units globally since its initial launch in 2006. Learn more at www.vapir.com.
Forward-Looking
Statements
Safe-Harbor
Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information
within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including all statements that are not statements
of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect
to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results
of operations; (iii) the company's growth strategy and operating strategy; and (iv) the risk factors disclosed in the Company's
periodic reports filed with the SEC. The words "may," "would," "will," "expect," "estimate,"
"anticipate," "believe," "intend" and similar expressions and variations thereof are intended to
identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results
may differ materially from those projected in the forward-looking statements as a result of various factors including the risk
factors disclosed in the company's Form 10-K previously filed with the SEC.
Contact:
Michael
Sullivan
RedChip
Companies, Inc.
Tel: 1-800-RED-CHIP
(733-2447), ext. 115
Email: michael@redchip.com