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The multiple myeloma stats were in the "January letter to shareholders", yes?
I concur. My post was a generalization to those questioning why the 10k didn't effect the pps in a "positive" way.
PS, my post was not intended to be a reply to yours, sorry...
Why the pps didn't climb based on the 10k, what "new positive" did we discover that we didn't already know?
Yeah, filed late so now their status is "delinquent". No mention of the MOU either. Awesome...
Cherry, I am delegating this back you! Since you will be calling your broker on Monday, tell them you want to prevent your OTC stock holdings from being borrowed for shorting. Tell them you heard something about a form you can sign called a "loan exempt restriction".
You might want to ask them about the "GTC order" stuff too just to confirm the myth. "Your" results reported back to this board will have the needed credibility.
Cherry, if you're calling Scott Trade anyway, instead of asking them to place a higher sell order, ask for a "loan exempt restriction". Meaning you want to tell them you do not permit them to lend ANY of your shares.
The GTC sell order to "lock your shares" is a MYTH.
Anyone else make anything of the "SO SAD" comment?
Quote:
NO bottom hit yet SO SAD.
I just squirted some blood over my computer screen so the OWCP death plague would pass by me. A lamb wasn't available so I took it from my Schnauzer.
(He knows how distraught I am & said it was OK)
Three reasons for the steady decline:
1) The first strong sell signal was the number of people planning a "victory celebration" for all the new millionaires in Reno. This has a very negative effect on the "KI". Did the Atlanta Falcons R.S.V.P. too?
2) Also hitting the KI was talk from knuckleheads about OWCP "paying a dividend" while we are still pre-product release & mostly pre-revenue. You know who you are.
3) Maybe the biggest reason is the "perception" that revenue was pushed from April 1st to September 30th. Back in January, OWCP stated they "should" complete effacy tests in Q2. Some people erroneously instantly translated that to mean sales start April 1st & yelled it from the roof top. Now, due to many good reasons, they've said they expect product readiness in Q3 so people assume worst case scenario of September 30. The reality is there have been NO Setback's to product development.
.001 run?
Maybe you should look at a CALENDAR. Since the 15th is a SATURDAY, the report is now DUE on MONDAY 4/17.
End of story.
Thank you for the detail!
Nope, the 17th, not 15th.
Monday, 4/17, 5:00PM EST is to the minute deadline. Likely will be sooner IMO.
Um, no. They said:
The Company actively protects its IP and will release the final results, relevant protocols and clinical data after the completion of the full BIO-DATA IP PROTECTION
They said they will release when "the full BIO-DATA IP PROTECTION" is COMPLETE.
I'm asking how long this might take?
So based on this:
The Company actively protects its IP and will release the final results, relevant protocols and clinical data after the completion of the full BIO-DATA IP PROTECTION
I'm surprised nobody asked the next logical question:
How long does this stuff take? Couple days, weeks, months, quarters, at least a year? I honestly don't know how much work this is & what's involved. Anyone?
10k due by 5:00PM EST, Monday, April 17. But I predict we'll get it sooner...
Been there, done that. I sold my 20k free shares today for $30. Could have had $1,500 if I sold with first batch where I pocketed a whopping $50 bucks profit. Oh well.
Held $4,500 worth of BETS$. When they announced RS, I could have bailed with $900 but thought "I might as well ride it out and see what happens".
Those "post split shares" are now worth less than $100. I can't tell you how much better I would feel now if I got $900 instead of $50 - $75.
Choose wisely...
You're "off" on a few things & I think everything you're looking for can be found on the basic, 2 page NT filing:
FY End was 12/31/2016.
They get "90" days to file, not 75.
Had to file the report, or the extension by 3/31/17, which they did by filing the NT.
They get 15 calendar days FROM 3/31 to file actual report so it is now due by 4/17 due to 15th being Saturday.
With that said, can you tell me specifically what you consider "good news"?
Where do you see an "update"?
Eff that stuff, I want 8's too. .08, .88, 8.88, etc.
I've had enough "sub-penny"...
Maybe he forgot he still runs a company?
Remember, when he said he CLOSED the MCV acquisition in JULY 2016, he must have forgot that he didn't.
Or when he FORGOT to include the $250k loan in the 10k.
In the decade he was born, indoor plumbing was considered a "luxury"...
Search back for my posts here. I tried to start an MJ "rumor" months ago...
Last trade was Form T at .2492
POS couldn't even hold a quarter...
(The 2nd sentence is sarcasm)
Excerpt from your post:
But I've never been in one that did what they said they were gonna do.
That's awesome! Because "RVUE" hasn't told us what they're going to do. Only said they "went dark" to save money so the opposite will be to make money!
Remember how well "opposite" worked out for George Costanza?
Phew, thank goodness the guy who ran the company into the ground is still calling the shots!
I think someone recently posted that with a chapter 7, you can claim a "total loss" on your tax return so I did some research. It was implied you wouldn't be limited to $3,000.
"Yes", you can claim a total loss, as in "every dollar you invested" is deemed a loss. However, you are still limited to $3,000 per year. And, you need to file a special form along with "proof" there is no way to recover. Stuff I read said this often can trigger an audit. I'm not an expert, but sounds to me like you'd be better off selling for a $1.98 & claim the loss the old fashioned way...
I think it's my fault we're stuck in this tight range. I recently watched the swing between 1.15 ish to about 1.50 for at least a week & thought, gee, I already hold over 100k shares so I should do that "trade thing".
So at least a week ago, I entered a couple OTA trades. Buy 4,000 shares, & if triggered, enter a sell order for 3,500 shares at 1.49. Needless to say, nutton happened. Sorry...
I was wondering the same thing? I've sold about half my position & the rest is almost worthless now.
Quote:
Since I sold do I even have a right to any such lawsuit?
FYI, I held/hold shares in 5 accounts. Only 1 is a regular account, the others are IRA's. (So I don't even get the big write off!)
I've sold almost half my shares this week for an average of .008 (paid avg .76!) Anyway, I just attempted to enter a sell of 20k shares and TDA said "no". Error msg. "This security is currently unavailable. Contact us for details".
Maybe tomorrow will be different?
Don't get me started... I do think you should copy & paste exactly what you said here and send it to the Dr & the IR guy!
I know this sounds stupid & not that I mind "drifting higher for a few months", I don't expect it & I'd rather not!
If we continue to climb on pure speculation (or manipulation?), then we can just as easily drop. That's great for the traders, but I'm looking for the "no-brainer, overnight boom". I don't want to "think", gee, we're at .05 or .10 cents on "air" so should I take some profit?
I want to go to bed one night at .04 cents & wake up to a slew of PR's about a trading halt due to an RM or whatever along with a P.P. at dollars and BAM.
Isn't that feasible & what anyone is thinking how this could play out?
From the pictures of her, I'm not so sure? Plus, she's a fitness expert.
Quote:
Jillian Michaels is huge.
I went to the site & clicked on their "blog" for the latest "company news". I pasted one of the "most recent" entries below:
Across the newswires yesterday, 15 th January, 2014, it was formally announced that the US public company, Victory Electronic Cigarettes Corporation (OTC:ECIG) had completed the acquisition of VAPESTICK®.
Awesome...
You've mentioned that other stock a couple times now. You also indicated you are somewhat new to investing. I hope it works out for you.
Respectively, I don't think a "dividend investment" is a good comparison to something that people thought had great growth potential. I previously owned 2 "wonderful" dividend payers. A couple times I thought "why not put all my money in these 10-15% divided payers?"
One was an MLP that consistently traded within pennies of $8 & payed a sweet monthly dividend. One day they cut the dividend from about 15% to 3%. The pps dropped to about $3 and then they did a 1 for 5 RS. All the money I accumulated went poof with no chance to recover at a few dollars earned per month.
The other was a mortgage backed stock that made a drastic cut to the div & the pps dropped from $32 ish to the high teens. Would take decades to recover the principal.
How confident are you that the div will be sustainable that you are comfortable recommending it? Also, since it's TSX, TD Ameritrade in the US doesn't even list it. Have you considered the liquidity?
Also, for those of us in the USA, a "foreign tax" is automatically withheld from the div. If you hold it in a "regular account" you can get the tax refunded after waiting up to a year on your 1040 tax return, but if it's in an IRA account, you can't claim it, the tax money is gone.
Finally, suppose I found $25k & bought it. Assuming I don't reinvest the div (just to simplify), it would take me about 26 years to recover what I'll lose with ECIG. Of course that is also assuming the div is sustained.
Just something to think about. Like I said, I wish you well...
Unfortunately, unfortunately (double unfortunate on purpose) I hold(held) most shares in IRA accounts so I don't even have a write-off!
Sorry for "our" loss Doc. Maybe you can mail us a Xanax script to get thru the month?
LOL!
Quote:
ECIG bullish 0.0115
Another fact:
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 16, 2017
Electronic Cigarettes International Group, Ltd.
(Exact name of registrant as specified in its charter)
Nevada 000-52745 98-0534859
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
1707 Cole Boulevard, Suite 350, Golden, Colorado 80401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (720) 575-4222
n/a
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
? Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
? Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
? Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
? Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.03. Bankruptcy or Receivership.
After considering all strategic alternatives, Electronic Cigarettes International Group, Ltd. (the “Company”) filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Code”) in the United States Bankruptcy Court for the District of Nevada (the “Bankruptcy Court”) on March 16, 2017. As a result of this filing, a Chapter 7 trustee will be appointed by the Bankruptcy Court (the “Chapter 7 Trustee”) and will assume control of the Company. The assets of the Company will be liquidated and claims paid in accordance with the Code.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
In connection with the bankruptcy filing, the Chapter 7 Trustee will assume control over the assets and liabilities of the Company. Accordingly, on March 16, 2017, Daniel J. O’Neill, James P. Geiskopf, Craig Colmar, and David Karp resigned from their positions as directors of the Company.
Cautionary Statement Regarding Forward-Looking Statements
The statements contained in this Current Report on Form 8-K that are not historical facts are forward-looking statements (within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended) that involve risks and uncertainties. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as “believe,” “expect,” “may,” “could,” “would,” “plan,” “intend,” “estimate,” “predict,” “potential,” “continue,” “should” or “anticipate” or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Such statements involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements of the plans, strategies and objectives of the Company for future operations, other statements of expectation or belief, and any statements or assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the possibility that expected benefits may not materialize as expected. The Company assumes no obligation and does not intend to update these forward-looking statements.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 16, 2017 ELECTRONIC CIGARETTES INTERNATIONAL GROUP, LTD.
By: /s/ William Seamans
Name: William Seamans
Title: Chief Financial Officer
Electronic Cigarettes (USOTC:ECIG)
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