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VAPR does not currently pay a dividend.
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Innovative EV Technologies, Inc., doing business as Ecite Motors Group, engages in manufacturing of electric vehicles in the United States. The company was formerly known as VaporBrands International, Inc. and changed its name to Innovative EV Technologies, Inc. in January 2023. Innovative EV Technologies, Inc. was incorporated in 1986 and is based in Bothell, Washington.
VaporBrands International (OTCMKTS:VAPR - Get Free Report) and Stagwell (NASDAQ: STGW - Get Free Report) are both small-cap business services companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, dividends, profitability, risk and valuation. Earnings and Valuation This table compares VaporBrands
Company Reinforces Commitment to Minimizing Dilution While Leveraging Its Regulatory Advantages Over Traditional OEMs BOTHELL, WASHINGTON / ACCESS Newswire / October 7, 2025 / Innovative EV Technologies, Inc. dba E-Cite Motors Group, Inc. (OTCID:VAPR), a pioneering low-volume electric vehicle (EV) manufacturer, today announced that it has further eliminated approximately 671,000 additional shares of potential dilution by paying down its debt tied to the Convertible Promissory Note dated May 13. This proactive step further reduces the Company's share overhang, reinforcing its commitment to protecting shareholders while strengthening its capital structure.
Management Moves Aggressively to Protect Shareholders and Strengthen the Capital Structure, Delivering on Its Promise to Minimize Dilution and Increase Value While Recent Debt Reduction and Lockup Agreement Demonstrate Long-Term Confidence BOTHELL, WASHINGTON / ACCESS Newswire / October 2, 2025 / VaporBrands International, Inc. dba E-Cite Motors (OTCID:VAPR) announced today that it has paid off its convertible note dated December 22, 2023, resulting in the elimination of approximately 3,300,000 shares from potentially being converted into common stock. This strategic action underscores management's ongoing commitment to protecting shareholders, strengthening the balance sheet, and increasing long-term shareholder value.
90% of Potential Conversions Wiped Out as Largest Investor Commits to One-Year Lockup, Signaling Strong Belief in E-Cite's Future, Eliminating Dilution Threat and Securing Long-Term Growth Support Clearing the Path for Cleaner Capital Structure and Accelerated Growth BOTHELL, WASHINGTON / ACCESS Newswire / September 30, 2025 / E-Cite Motors Group, Inc. (OTCID:VAPR), a leader in low-volume electric vehicle manufacturing, today announced that it has executed a lockup agreement with its largest noteholder, Capital Consulting, Inc., effectively eliminating approximately 90% of any potential conversions that could impact the Company's share structure over the next twelve months. Under the terms of the agreement, Capital Consulting has committed to a one-year lockup period prohibiting any conversions of existing or future notes.
While Industry Giants Face Location Headwinds, E-Cite (VAPR) Targets Michigan, Ohio, Florida, and Nevada for Strategic Expansion BOTHELL, WASHINGTON / ACCESS Newswire / August 7, 2025 / E-Cite Motors Group (OTCID:VAPR) announced today that it has narrowed the final location candidates for its U.S. electric vehicle final assembly plant to four states: Michigan, Ohio, Florida, and Nevada. Following a detailed evaluation process, these states emerged as front-runners based on key business criteria including affordable real estate, availability of a skilled workforce, strong state and local incentives, tax advantages, and overall livability.