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I've been hoping for almost a year now...
Q1 will be a good kickoff for 2015....watch.
Definitely some growing pains. They have everything in place now, and with a huge advertising campaign kicking in gear. These guys know what they are doing. They are bigger than most here realize. Takes money to make money, I see this stock like a loan and we're going to get paid back bigtime...
didn't you hear about the news coming, maybe today or tomorrow or or next week? and this might go to a dollar or more. cant wait.
READ IT AGAIN. GOOD NEWS-
Not bad actually.
Keep in mind $144.4 mil(of net losses) was to upgrade and replenish inventory! They are GROWING BIG! And yes, expenses increase with growth. It's GOOD. They now have the global infrastructure in place. Wait until you see ECIG 2015 1st quarter results!
Full Year 2014 Results Overview
For the year ended December 31, 2014, adjusted revenue was $46.9 million, compared with $3.1 million in 2013. The increase was driven by growth in online sales to new and recurring customers, along with sales to retail and wholesale sources, as a result of an increase in distributors and in marketing efforts throughout 2014.
Cost of Goods Sold was $31.5 million in 2014, compared with $1.3 million in the previous year. The increase in cost of goods sold was driven by an increase in sales, as well as a change in product mix to higher distributor and wholesaler sales, which have lower gross margin than online sales to consumers.
Gross profit was $12.0 million in the year ended December 31, 2014, compared with $1.8 million in the previous year. Gross profit margin was 27.6% in fiscal year 2014.
Distribution, marketing and advertising expenses were $10.4 million in 2014, compared with $1.1 million in 2013. During 2014, the Company continued to increase various advertising campaigns to grow both online and point of sale brand awareness.
Selling, General and Administrative expenses were $56.5 million in 2014, compared with $3.0 million in 2013.
Net loss was $(381.6) million for the full year ended December 31, 2014. The net loss includes a goodwill impairment charge of $144.4 million related to the “FIN” and “Vapestick” reporting units.
Balance Sheet
As of December 31, 2014, the Company had $2.1 million of cash and equivalents
did we get the news yet? next week?
It would be nice if they could update us on current operations. But no, we got nothing. Really surprised at the lack of communication from them...
It's not that bad. ECIG GREENING UP...
ECIG is biggest with massive distribution. $ECIG$ 2015. They have changed course for the better, significant increases in revenue while lowering expenses. Its coming together. The pps will reflect those accomplishments very soon.
Just back, WOW, Aprils FOOL no fireworks today. Was expecting better but the difference will be this last quarter and into this year. ECIG 2015 will rock. I'm staying in for the ride.
Relax, it will be there premarket. Expect FIREWORKS today. Shorted heavily yesterday, pps would have gone well over a buck for sure. This is our day. Wish I could watch, I have appointments this morning, damn. Best of luck guys.
WATCH .0006s coming this time. Same DILUTION PUMPING crap here every week. And with more DEBT, A/S 4.5bil, R/S looming, who wants this crap. Everyone bailing every chance they get. Too much money being made elsewhere, better stocks in play. The 4.5bil shares are there for a reason, not hard to figure it out. IMO.
BUY IT UP... bet that Rolls Royce rides nice.
WOW! What a deal for $1 stock.. $MoreDollarsComingNow$
>$1.50 today. Somebody knows about ECIG NEWS...
ECIG-2015 will be PARABOLIC. Here we GO!!!
On the WINNING side now. GLTA. It's coming.
Bids steadily GOING UP, L2 looking better.
Holding UPWARD trend. Bank that little 'piggy'... $ECIG$
YES, I'm still hanging to that and over. As long as we get decent financials, pps AND perceptions will change quickly. Yes, in a short time it will be >$5. ECIG is the biggest. They have the advantage of any competetion. And BIG MONEY knows it.
Steady buying pressure and upward trend; GOOD NEWS.
Reportedly from this board, MDCN news has been coming since Friday... now some here say tomorrow.. ok i get it.
Just need that NEWS to light that FUZE...
Ok, where's the news. Should be a good day!
Exactly what I'm thinking. $MDCN$
Totally agree. They could and should have done us better. No updates, no PRs, nothing. We'll find out today how good they are...
AWESOME! >$1 really quick. HANGING ON TIGHT.
Setting my sells for $5. Cant wait for official news releases. Going to be a wild week here...
Are charts accurate with manipulation? Just wondering...
WOW. Looking like $2pps is a possibility?
FIREWORKS for sure. Our day for ECIG.
Their sudsidary going to do the growing?
WOW! MDCN is really soaring. TRACK'n to $1
Looks like bottom, UP from here with 10k.
Not all, I watched shares go under bid = manipulation.
Pretty tough with this obvious manipulation, between the MMs and the big money boys. Can't wait for ECIG to get off the OTC...
Nice, MMs selling some under the bid, probably trying to trigger stop losses. Pretty obvious what they're trying to do here...
Like I said, >$1 by lunch.
L2 ASKs thin and stacking HIGHER!
Dilution pollution continues today...
HOLD TIGHT, ECIG going to ROCK today!
Hopefully they hold tight and not fall into the hands of the fearmongers. Best to average down at this point. ECIG is the biggest in the sector fixing to explode globally.