Review of Vanilla Cupcake V2 Flavor - Cap:

As stated above, that is stated on the bottle of this 2nd version of Van. Cupcake. I used about 2/3 of the v1 bottle I had before I saw Cap had redone this flavoring. 
I am currently mixing a Strawberry Cupcake at 4% Van. Cupcake v2, 1% Strawberry (FA), and 0.5% Vanilla Classic (FA), with around 0.2% Ethyl Maltol. I would let it steep a few nights, but this version needs MUCH much less time than the other to make the pepper taste dissipate.