We are currently coming up with designs and doing research into making the best portable vaporizer on the market. I am working with a close engineering friend of mine to develop this and we are quite confident we can pull this off. That being said, we are hoping to delve more seriously into this project in a few months after all our milestones with vapetropolis are complete.
Understandable.
My followup questions - why do you need the money?
We don't need the money, however we would like to grow at a faster pace as we cannot spend more money in marketing without it eating away at our profits. The money will be used on the following:
Setting up a U.S. corporation as this is the best way to accept credit cards online. (We've talked with about a dozen merchant providers that specialize in e-cigarettes)
upgrading servers
marketing and more professional on-site stuff like educational videos and general development
If we raise enough money we will spend a small portion of it into developing a prototype for our portable vaporizer.
If all that goes well, we may have another round of fundraising to support the new portable vaporizer and its production.