Electronic Cigarettes International Group Ltd fka ECIGQ

[Stockstuffer83]

The Company had 175 privately owned stores so stated the CEO during the Q1 earnings conference call. He also stated that the goal was to reach 200 privately owned kiosks before the end of the year. Now if you add in all the franchised stores and other vape vendors that carry the company products (call stockists in the UK) that number is much higher.

In case anyone is keeping track;
8: new kiosks since the last earnings reports and conference call
1: kiosk that has been converted into a store
--A new vaping device that has our company logo engraved onto the device. If you go to the VIP store you will see that 3 of the 5-6 different versions of the device are sold out. This tells me that they are selling a great deal of them.
--Several new vape juices are available for purchase online
1. Sub-ohm
2. Patty Bakers
3. Bord02
4. Skull Slushies
And all of the Sub-ohm are out of stock as well some of the Bord02 are also out of stock which again shows that they are selling. Even some of our own E-liquids are out of stock. I see this are more of a selling faster than can make versus lack of cash given how fast they came onto the website and how fast it has become unavailable.

[url]https://www.vipelectroniccigarette.co.uk/e-liquid/
[/url][tag]CHECK OUT THE E LIQUID PAGE [/tag]

If you read the blog post about the vaping expo going on now they point out the fact that their are so many more juices being displayed at the expo versus new devices/manufacturers. As the CEO has said before at the roth conference; "E-liquid" is driving the market"

All of these developments just further suggest to me that they are going to produce an increase in Revs Q3 and Q4. I still think Q3 will only be in the 12-14 range. 13.5-14 mill for Q3 would be very nice to see and then a bigger boost of 15-16 mill in Q4 would be just what we need to bring the PPS back into the 30 cent range and above.