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Nice find Newmedman. This of course is de minimus. At least we post here. VPCO hasn't had a post since 5/17. This is more of an advertisement than an improvement. Besides, I seem to remember Greensmoke had a soft cartridge for their rechargeable. Yes it did get soggy quickly.
I personally rely on Cherryvape tips for ergonomic comfort.
Speaking of Vapor Corp
http://www.dailymarkets.com/stock/2012/06/04/merriman-capital-retained-as-capital-markets-advisor-to-vapor-corp/
They probably also have a deal in the works. I don't think any of these lawsuits will go to trial. Hopefully some of these settlements mean something to us, the beleaguered, frustrated, and put upon stockholders.
"2012-05-31 17:23:05
Hong Kong Stock Exchange data show that Eugene Chuang, a substantial shareholder of DRAGONITE INT'L (00329), sold 7.41% interests in, or 120.816 million of, DRAGONITE INT'L at HK4.8 cents per share on 25 May over the counter, cashing in around HK$5.8 million.
AAStocks Financial News Fax: 852 2186 8286 Email: newsroom@aastocks.com Web Site: www.aastocks.com
News Provided by AASTOCKS.com"
Correct me if I am wrong, but
HK $5.8 million = US $747,000
7.41% = US $747,000
100% =~ US $10,000,000 total value of DGTLF
Reality bites.
Oh, and a shout out to Newmedman. Thank you for your work on the lawsuits.
Hater man - Whoa, back in the barn horsie. While my views may be out there at times, and my choices in this stock may have been wrong, it doesn't call for an overall investment strategy advice by bulletin board.
I have once again been proven wrong. Trading is still nominal and still trending downward, not the volatility I expected after the latest news. I accept that.
The owners have made poor financial decisions at every turn. They pay themselves salaries that are apparently acceptable but not munificent. My view was that they might appreciate some sort of a deal that would leave them comfortable while stockholders would regain some of the lost value. They might simply want to accept the reality of how they were not built to take the opportunity they had. The board is probably feuding as we speak.
There has been no real product launch. In the last six months the market has grown. They essentially have "only" the patents. The deal with Blu might have been made with their backs to the wall. I don't know.
I really don't know. I speculate and say so. I don't advise. But I would be happy to get half my money back. I don't think being in the black is foreseeable in the near future.
Law & Order ad
So... let me see the chronology. Dgtlf settles with Sottera, then stock tanks, then Alice backs out, then new investment. This would be unbelievable as a reality show. What would ice the cake if RJR sued Dgltf for prior patent infringement, then actions for SEC stock fraud (obviously we have not been privy to all the facts we are entitled to), then we get sued for libel. We sell the movie rights to the History Channel. Is everybody using Bath Salts in their e-cigs?
Only sure bet: extreme volatility tonight with high trading from insiders privy to info.
You are right. BUT... imagine this scenario. They make a reasonable offer for the shares while executing consulting contracts for the principals. Since big T is global, they could set up a new far east division with separate contracts. Of course they would be screwed later. Big T is not known for being magnanimous.
Under any scenario the investors like us will be thrown under the bus. This last subscription and dealings are proof.
Management has screwed this is so bad and the price is so low I see a takeover in the future. A big tobacco firm might see this as an opportunity to buy and have the patents to screw the whole industry. A paltry investment might delay e-cig industry growth with delaying by lawsuit all competitors while maintaining status quo for years to come. They could pay off the principals handsomely, screw us investors and claim that they are doing a public service all at the same time.
They could then force all competitors to close up shop. With the FDA in their pocket they could keep people smoking and preserve their profit for years to come. Politicians would back them by legislating high taxes such as used for cigarettes.
Such high hopes we had. Such lousy management. No fairy tale ending.
Something about rats + ship
http://aastocks.com/en/News/HK6/NOW.491506.html
Can i get a do-over like Alice?
http://aastocks.com/en/News/HK6/NOW.491122.html
Wow... is Alice p*ssed!
Hmm... All this news and stock goes down
I wonder why...
Oh- I know
http://www.hkexnews.hk/listedco/listconews/sehk/2012/0426/LTN20120426286.pdf
Let us assume... (yes we've been shown to be asses more than once)
This is a license agreement not a one shot payoff.
Will they fight for a better agreement with the remaining defendants? Or will they seek to crush them and drive them out of business. Negotiations are, after all, behinds closed doors.
Ruyan has said they want to manufacture and be the luxury brand. Will they go after the mom and pops found the world or try to make deals. These advanced models have their own patent applications pending.
RJR et al have been pursuing like crazy as well. With Big Tobacco behind all these the US Congress and FDA are sure to be more amenable to e-cigs.
In a few short years look how far we've come and look how far we'll go.
Pogo said something about the enemy and it being us.
News - sh*t, fan merge!
Acquisition of blu ecigs
Lorillard announced today that it has acquired all of the assets of blu ecigs, a U.S. electronic cigarette (e-cigarette) company for $135 million in cash. The acquisition provides Lorillard with the leading brand, offering the best consumer experience and unique social networking features, in the rapidly growing e-cigarette category.
blu ecigs is the best-selling e-cigarette brand, with the look and feel of traditional cigarettes - without the tobacco smoke, ash, or smell. blu ecigs is the market leader in providing innovative technology for an improved consumer experience that enhances the enjoyment and social aspect of e-cigarettes. blu ecigs will be a separate operating company of Lorillard and it is Lorillard's intention to retain blu ecigs' current management team and its headquarters in Charlotte, NC.
"blu ecigs are the perfect adjacency for us to participate in the smokeless market, but in a Lorillard way. That is, e-cigarettes offer many of the benefits of other smokeless products but do so in a way that is familiar and enjoyed by current adult cigarette consumers," said Murray Kessler. "We believe that blu will benefit from Lorillard Tobacco Company's regulatory experience and sales infrastructure which are needed for it, and the category, to reach its potential in a responsible manner."
And the beat goes on
Or
Just when you thought it was safe to go back in the water
Or
Whodathunkit
Or
Curses foiled again
http://chinesestock.org/show.aspx?id=147135&cid=28
My assumption is the announcement after yesterday's close. So look for some fireworks tonight. The patent can be found here:
http://www.scribd.com/mobile/doc/46860099
This is definitely new. On first glance it mentions an led screen not indicated in previous. Might be a variable voltage mod with a feeding mechanism. This could change the market. Maybe despite all outward appearances and actions they were doing the right things behind the scenes.
Just maybe they were the geniuses we hoped they would be. Here's hoping for three jackpots on one line.
I just spoke to my broker. He called his OTC desk who spoke to Overseas desk. I know more than all of them combined. In any case, I told him to exercise my options and also purchase more shares. Feels kind of like what I did in Atlantic City last week. My broker has been real good to me the last few years. This is my slot machine money fun(?).
Nudge nudge wink wink
Did you buy
Huh
Did you
Did you
Huh
Huh
http://www.hkexnews.hk/listedco/listconews/sehk/2012/0418/LTN20120418582.pdf
Wheeeeeeeeeeeeee!
http://www.hkexnews.hk/listedco/listconews/sehk/2012/0405/LTN20120405547.pdf
Get em while they're hot...
e-cigs come to Alcatraz
For an extra giggle, download this
http://www.hkexnews.hk/listedco/listconews/sehk/2012/0320/LTN20120320826.pdf
(Answer to riddle - what did the Dragonite auditor say?)
Newmedman - You beat me to the post. I just read it. Correct me if I got anything wrong.
They have no signicant money in the bank.
They sold pretty much nothing last year.
The basement they bought dropped in value.
They bought a company and dumped it for nothing.
Their inventory was devalued again.
They invested in the stock market and lost their shirt.
The "good news" :
They have four models coming out.
They have their lawsuits.
The e-cig market in the last few months has developed a whole new generation of cartomizers/atomizers (double coil, triple coil etc.) and tanks.
See in Chicago.
p.s. no dividend (you can laugh now)
OK. No new news yet. But something happened. 600m+ shares traded yesterday & stock went up. 250m+ shares traded early today and stock is up.
Here is the .PDF for the article
http://www.e-cigarette-forum.com/forum/attachments/medical-research/79216d1329441229-new-paper-ecig.pdf
New paper
The Emerging Phenomenon of Electronic Cigarettes
http://www.medscape.com/viewarticle/758218
Brilliant!
Latest news
[Date:02-09-2012] Source: Infocast News
Dragonite International (HKG:0329) has published an update on the proposed capital reorganisation and rights issue. The petition is scheduled to be heard by the Court on 9 March 2012 (Cayman time). If the Court sanctions the capital reorganisation and assuming all the other conditions for the capital reorganisation set out in the circular are fulfilled, the capital reorganisation will take effect following the registration of the order and the minute approved by the Court with the Registrar of Companies of the Cayman Islands.
The capital reorganisation is expected to become effective at 4:00 p.m. pm on 19 March 2012.
On 4 November 2011, the company proposed a capital reorganization involving consolidation of 5 shares into 1 consolidated share, a rights issue on the basis of 2 rights shares for every adjusted share held and a reduction of the nominal value of each consolidated share from par value of HK$0.50 to HK$0.01. A credit of HK$266.3 million will arise in the books of the company as a result of the capital reduction, which will be used to cancel the accumulated deficit of the company with the balance to be transferred to a distributable reserve account of the company. In addition, the company proposed to change the board lot size for trading on the Stock Exchange from 10,000 shares to 20,000 adjusted shares upon the capital reorganisation becoming effective.
Wha? Oh, I get it. Good one!
See you there
Windy City Vapefest will be held at the Hyatt Regency O'hare in Chicago from March 30th thru April 1st, 2012!
http://www.Vapefest.com/