VAPE Holdings Closes Third Round of Debt Restructure and Consolidation

The Company Announced Today It Has Entered Into Agreements for a Third Tranche of a Debt Restructuring Plan AGOURA HILLS, CA VAPE, (Marketwired Mar 29, 2016) VAPE Holdings, Inc. (OTCQB: VAPE) (the Company or VAPE ), a holding company focused on providing healthy, efficient, and sustainable vaporization products, announced today it has entered into agreements for a third tranche of a debt restructuring and consolidation plan targeting the Company s approximately $1,000,000 in convertible debt. Last week, the Company agreed to a debt buy-out and restructure of an additional $338,500 in convertible debt of two noteholders. To date, the Company has successfully restructured approximately $779,000 in previously issued convertible debt consolidated into a single financing partner. With approximately 80% of the previously acquired convertible notes restructured and consolidated into our new funding partner, I feel confident that we will be able to accomplish a complete debt restructuring. Wi
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