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Happy holidays to ALL $ECIG players. This is just fun.
LOLs, doog. Georgie pinged me about something else yesterday--that man is absolutely one of the best traders I know. I'm sure he's looking for some pinching going on on the weekly on $ECIG. Luv that man. $ECIG will head to 50c when Georgie starts pumpin this one. Hahaha.
Good stuff going on on $ECIG.
LOLs, BOS. What did I say about .139 approaching on $ECIG? We going for 20c on Monday. That is where VERT is sitting. All hell about to break loose on $ECIG.
WEEEEEEEEEEEEEEEEEEEEEE!
I consider this "normal" trading for $VPOR but as of this week, a different level of awareness has been brought to this company.
It would be a good time to explain that BMAK/VDMN's have what is called "not held orders" so the trader on the stock representing note holders will hire a trader/MM to take care of the trades. The trader is responsible for selling to ensure profit on a tranche of conversion and will only go low enough to achieve that. This has much to do with the 9,99% ownership threshold term on the notes.
I will be spending a lot of time with you all on the board.
Relax and bid.
This is too funny. Peeps are afraid of VERT on offer and cashing in on an uptrending stock when we discussed yesterday that it is a bigger trader that was pretending to be a dilutor on $ECIG. We're gonna churn here a bit more then going into PH, $ECIG is going to have a massive close and the action will continue next week!
NHODs coming every 15 minutes here on $ECIG, folks. Don't be afraid to get in.
$ECIG ready to go on BEAST MODE. .139 in sight for PSAR flip on the daily.
Cheds, I'm going to sit here and keep accumulating dips on $VPOR because the rip is coming here sooner than people think. These 10-30% daily fluctuations don't bother me one bit nor seeing Vs or Bs on L2. $VPOR is a must load. Fundamentally, despite its debt level, it is solid. I say this only because I believe it and you already know that.
Many thanks for bringing VPOR to my attention weeks back. This one is going to be good to us between now and all of 2015 as I anticipate it to outperform most players in this sector!
I intend to focus only on the DD aspect of VPOR and will not be wasting my time bantering on basic fundamentals. I am usually right on these assessments.
Cheers -- will be bidding some here again when I see tired traders who want to cash out because it's Friday :)
Pay-tience !
VPOR! VPOR! VPOR!
doog, $ECIG is one of those plays that has something for everyone. Doesn't matter if you're long, short or just scalping. All sides have enjoyed big $$s here last/this week and I expect the trend the continue for weeks. Long term though, this is a long play designed to reward the long holders. Shorts curse us as much as we curse them but at the end, we need each other and that is what makes $ECIG the top OTC play under $1.
$ECIG has even me saying WEEEEEEEEEEEEEEEEEE! LOL.
GL my friend (btw, has anyone pinged Georgie to get in yet?)
My pleasure, doog. As most know, if I didn't see a big opportunity to make $$, I don't even bother posting and $ECIG definitely presents that. Then there are boards where a good opportunity is there but dumb traders just ruin the show. $ECIG has really good DD players and good traders/players all around.
Let's break through these 12, 13 and back to 20C!!!
It's go time on $ECIG. A lil more pressure on ask and we're off to the races for next week.
Agree. Let them turn their papers in. $ECIG
Come on .1611sssssssss! LOL.
In no hurry, it will come once the scalping is done.
$ECIG
These 10% scalpers are beginning to irritate me!
BMAK showed up on offer to sell what Magna had converted and the price it wants is really not very much above where it converted which looks to be 0029 range if I remember L2 from last week, earlier this week. This is why when BMAK shows up after its conversion, it won't lean too much on offer because they're simply not going to sell too cheap. At 0042, their margin is only in the 65% range. The only MMs on VPOR who sell irresponsibly are BKRT and VFIN because those MMs are represented by legacy debt holders of June and August 2012 who got 001 conversion so they couldn't give a rats ass about crushing the stock as long as they profit.
So retail can get ahead of BMAK and VNDM all they want, they're gonna wait for news like the rest of us and not give us our shares away on the dirt cheap. The knee jerk reaction to the Vs and Bs really amuse me, always.
$VPOR.
$VPOR is getting the support it deserves because the numbers speak volumes. Those are good numbers for an OTC stock. I don't care what anyone says. The level of debt VPOR has is really a non-issue.
Q to Q increases in revenues and GP, consistently is key. If they keep building double digit quarterly growth and we look FORWARD to what VPOR can achieve, this price 003 range is a no brainer. This is why we're buying and buying from complainers who complain about what they don't understand.
$VPOR -- next bigger things here weeks ahead!
How can all debt be converted at 0037 when the volume profile simply doesn't support that? The company will always have debt. All public companies have debt, they exist as a public company to raise capital through debt financing and big part of that involves debt/equity conversion. Big and small firms do it this way and VPOR is no exception.
The proper assessment is not the amount of debt a public company takes on but the terms of financing. Looking at VPOR's biggest debt, the credit risk assigned to Magna/Hannover's debt is very low. It's basically the same structure assigned to a $5 million debt so shareholders are complaining about nothing. There was legacy debt here that had ridiculous conversion terms but they all seem to have converted during this quarter and the sellers show up on L2 to sell periodically, represented by MM BKRT and MM VFIN.
What I find unrealistic is the expectation of shareholders here or anywhere for a company to be debt free. Debt is a necessary and important part of a company's finances.
I am not optimistic in my approach. I am realistic and do an objective assessment of an issuer's financials because that is what I do. In the meantime, I am hearing from a fairly reliable source that $VPOR signed a major distribution agreement.
Hang in there and wait for many positive updates from the company shortly!
Whether we applied 1c for 89MM shares and 0,003 for 200MM shares, the math is close to reduction of $1.5 million in convertible debt since 8/19/2014. This is an enormous reduction, comparatively, and also points to the fact that the company is effecting debt to equity conversions at considerably above par which improves shareholder equity, long term. Had Magna's terms been the standard 60% discount 15 days look back, this thing would have hit sub par already. That is not the case.
What $VPOR needs to do is to continue improving top/bottom line revenues which would qualify them for financing at fixed conversion terms. Each time a note is issued, the company is able to buy 6 months of time and delay dilution by 6 months while potentially forcing lender conversions at a much higher pps than today. If we were reviewing an issuer with no revenues or prospect to be revenue generating in near term, it'd be a totally different story.
It's not going to take $VPOR a long time to really flip its balance sheet, and the best way to do that is to continue reducing debt while increasing revenues. The company is doing that and with flying colors. I really like their revenue performance this year. Very, very good.
WHY $VPOR IS EXCITING: EXPONENTIAL REVENUE GROWTH
It is important to understand three main things about $VPOR:
1. Revenue Growth
As of the 9 month ended 2014, $VPOR not only posted record revenues, but it increased year over year revenues by 286%. This is very impressive but not as impressive as the consistent quarter to quarter growth this year in revenues and gross profits.
Revenues
1Q $966,411
2Q $1,023,365
3Q $1,307,524
Gross profits
1Q $645,806
2Q $508,271
3Q $877,537
From 2Q to 3Q, we are looking at a growth rate of 27.7% which cannot be ignored. If I took a rate of 27.7% and applied it to every quarter in 2015, we are looking at revenue projections that look like this:
2015 Revenue projections
1Q $2.1 million
2Q $2.6 million
3Q $3.32 million
4Q $4.21 million
=================
$12.23 million in revenues for 2015
This is absolutely feasible for $VPOR and probably a very conservative projection because they are gaining ground quickly in this highly fragmented sector and their prospect for rapid growth will be aided due to their entry into the MMJ market evidenced by their private label business recently secured for CO and in the future WA. The market and demand is there for $VPOR to secure additional business in their core business as well as further expansion into other states for MJ!
Depending on how quickly they penetrate other states for MJ, we could very well see $VPOR do $20 million in revenues next year which makes them a prime acquisition target by bigger E-cig players looking to add to their portfolio. IF $VPOR were to generate $20 million in revenues for 2015 or even $12 million, they will get 3x revenues upon acquisition hence we are looking at a company that has the potential to demand $36 million to $60 million for their business which is not out of the question.
2. Debt structure
The price of common stock took a beating due to two reasons. Increase in A/S to 2.5 billion and dilution that started between August 19th to date. The two are related to the amount of convertible debt $VPOR took in 2014 to fund growth.
Looking at the O/S increase from 8/19/2014 to 11/13/2014, we see an increase of 86,290,641 shares. I took a look at VPOR's chart and was able to get an average conversion price of 1.5c. What this means is that $VPOR was able to eliminate about $1,29 million in toxic debt with these issuance. Looking from 11/14 to date, we can project an addition of another 200 million shares to the O/S at an average conversion price of 0,005 which is elimination of another $1 million in debt.
What is exciting--not depressing--about conversion of debt since 8/19/2014 to date is this: $VPOR looks to have cleared at least half of its convertible debt if not more. I will remain on the conservative side and go with half for now but my quick review is giving me elimination of $2.2 million in debt.
Expect $VPOR to give an update and announce significant elimination of convertible debt!
3. Magna - VPOR's principle lender
Magna and VPOR revised the April convertible notes--conversion price is no longer fixed at 15c (makes no sense for Magna) but is 30% discount lowest market with a 5 day look back. Compare this to the typical 60% discount to market with a 15 day look back and you will see that Magna's notes are not as toxic as people think and this lender to $VPOR is more friendly than it usually is to other issuers.
Also on the date that the April notes were revised, $VPOR also prepaid a part of a note. I expect this pattern to continue and more lenders will give financing to $VPOR based on the revenue growth it will have and the fact that we're looking at sustainable growth.
With new loans that $VPOR obtains, cash from operations and controlled dilution, we can expect this issuer to become toxic debt free in no time and not too long into 2015, it should generate enough revenues to be self-funding, if not qualify for traditional financing should it opt to do so.
The A/S relative to the debt level is adequate to not worry about stock splits. O/S (estimated 650MM shares) is still small for what the company will be doing.
Plenty to be excited about here on $VPOR.
@@ here again, CJ. This is dumb retail selling, thinking $ECIG is going lower tomorrow. Shorters are sending in as many helpers as they can to try to tank $ECIG but this is not happening. The fundamental valuation states otherwise.
MMs can try to block this but they will lose.
LMFAO. What did I tell you guys?! BB's eyes cannot be fooled!
Load up girls and guys!!! We are going bigly on $ECIG!!!!!
GO, GO, GO!!!!
Look CJ again on L2. VERT chickened out, covered and moved back. LMFAO. What a douchebag.
SLAP $ECIG into close gals/guys! Look at L2, VERT messed up trying to pretend it was a dilutor. It's covering higher than where it started to lean today like I told you!!!!
Slap it!
CJ, take a look at L2 now! Even ARCA is not going to facilitate here. We're moving UP tomorrow!!!!!
GO $ECIG!!!!!
Look at VERT now! It's bidding higher than where it started this session. #troll. $ECIG going bigly!
LMAO. I have my moments--that was a good one though. hehe.
L@@k at L2 now. VERT/ARCA = #EPICFAIL.
$ECIG baby!
Take your name and subtract I and N and you have PH. LOL.
Power Hour (PH)! Get ready to slap!!!!
$ECIG.
Come to mama! I'm just gonna wait here and buy everyone's papers but will wait til I hear more screaming.
$VPOR -- pay-tience!
Our comments keep crossing each other and we're saying the same things because we are seeing the same thing on L2!!!
Gals/guys, don't feed the animals on bid. Spend a few more $$ and hit offers. $ECIG is cheap here. Most importantly, don't get spooked and shaken out by the sight of VERT. It's only here to take your papers and $$s.
This is the funniest shitshow I've seen on L2 in a long time. This is soooo good. ARCA and VERT will be working hard to resolve the problem they created for themselves this afternoon. Fun to watch. Wait for PH, these guys are toast.
$ECIG
oh yes! We're gonna see VERT on top bid a few times. Every time it sees buying pressure, it comes up on top bid. ARCA and it are at 085 thinking it can cover about 1.5 million shares short left to cover. Let it go real short here. I personally think this is a real suicide attempt.
You could be right. As long as people buy on the ask and not worry about giving 0,001 more on this stock, this is going to be so good especially with news right around the corner. CDEL bidding 100K at 9c is also doing a great job. Pressure bids and take out asks is what needs to be done. PH is going to be fab here.
GO $ECIG!
This is so good. VERT is not a dilutor here but a big player trying to load. Its attempt to scare failed and is now bidding. LOL. That short action with VERT was to cover the short it initiated. This one may come up to cover some more, maybe cover the rest at mid 8s but it's going to be a good show.
$ECIG -- love it!
Look CJ. No one feeding into ARCA's bid! Hold them off for one more hour then I'm going to shoot VERT down! $ECIG
LOLs, our messages crossed! Longs out of powder must hold tight and not feed VERT or ARCA on bid, and those with powder must challenge VERT on offer.
OK, CJ. Look at L2 now. Looks to me VERT was sent in to help ARCA cover. I'd say we take out offers and just screw them.
That's my call as well. Longs need to slap VERT so it forces its cover higher and higher. Is ARCA facilitating here? Can y'all look and see? Let's watch together.
CJ, VERT going short here. This doesn't look like dilution to me. It's going to try to cover at support. I say we fry this one.
And my $$ and DD, yes? Oh looky, someone sent VERT in to spook peeps. This action I've got to see.
Did you get in yet? Some idiot tried to ruin our chart today with 2000 shares at 063c which should get corrected. Bottom is definitely in and a stronger based formed here, ABCT. $ECIG is where the big $$ is. BB is betting big here. I like what I like.
Back from dinner--did I miss the dip to 8s again? I see an EOD rally coming here. $ECIG is trading very strong today minus a few panic sellers.
[edit] looking at L2 now, this is still mostly retail action on offer but bigger bids are coming in. Everyone knows the big money is on $ECIG and it is time to go LONG. MM/Shorts are not even thinking about playing here until 13/15s. We will prevail.
GO $ECIG!
There is only minor paper selling here on $VPOR. Ahead of a corporate update, sellers are being cautious not to crush the stock. This down action today was caused by nervous sellers. When you see MMs moving back on offer every time they get hit, the right way to approach the stock is to take out offers vs. bid sitting and especially not bidwhack.
Traders often blame dilutors but in many cases, nervous or clueless traders are their own worst enemy.
Holding my shares, adding as well. $VPOR is poised to make a big move soon.
CJ, on "normal trading" some mid 8's printed then some idiot shot down 2000 shares at 06c. Ahead of news, smart ones are bidding big and very short term thinkers are selling 8's. LOL. I'm really amused. Hope more 8s get thrown down, I'll just sit here with my scooper and collect them all.
$ECIG